Mazor Robotics (MZOR) Tops Q1 EPS by 6c

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Mazor Robotics Reports First Quarter Financial Results

May 10, 2016 4:30 AM EDT

- Total Revenue of $6.4 Million; Recurring Revenue of $3.8 Million Rises 41% Reflecting Increased Utilization -

- Conference Call Today at 8:30 AM ET (3:30PM IST) -

CAESAREA, Israel--(BUSINESS WIRE)-- Mazor Robotics Ltd. (TASE: MZOR; NASDAQGM: MZOR), a developer of innovative guidance systems and complementary products, generated revenue of $6.4 million for the first quarter ended March 31, 2016, a 42% increase from the $4.5 million reported for the year-ago first quarter. During the first quarter Mazor received orders for five Renaissance systems, four of which were in the U.S. including one... More