Dextera Surgical (DXTR) Misses Q1 EPS by 2c

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Go back to Dextera Surgical (DXTR) Misses Q1 EPS by 2c

Dextera Surgical Reports Fiscal 2018 First Quarter Financial Results

November 9, 2017 4:05 PM EST

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Dextera Surgical Inc. (Nasdaq: DXTR), a company developing and commercializing the MicroCutter 5/80 Stapler, today announced financial results for its fiscal first quarter ended September 30, 2017.

We are making progress toward resolving our component and raw material supply challenges and expect to begin shipping reloads in December and to resolving our current backorder of $225,000 and returning to production, said Julian Nikolchev, president and CEO of Dextera Surgical Inc. In addition, Intuitive Surgical informed us that it plans to pursue development of robotic staplers based on conventional staple technology and... More