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MAKO: A Disappointing Quarter For Shareholders Could Be A Buying Opportunity For Bulls
Buyers must decide if an upswing in hip and knee surgeries will be enough to save MAKO stock
By Casey Nobile


Performance Snapshot

 

 


NASDAQ: MAKO

Revenue

  • 1Q2012 $19.6 million
  • Previous quarter $32.9 million
  • Same quarter 2011 $13 million
  • Revenue down by $13.3 million as a result of fewer robot system sales than expected. The company’s six system placements missed the anticipated target of nine. MAKOhas now lowered their full-year placement guidance by four units, from 56-62 to 52-58.

Weak Sales: 52wk H: $45.15 L: $21.40

Revenue…

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About the author

Casey Nobile is the lead editor for Robotics Business Review’s RBR50 news, editorial and business segment. She is also contributing writer and editor for the publication’s News & Technology columns with special emphasis on breaking news coverage for science, technology and financial transactions. Casey is also editor and contributor for other in-house publications: Robotics Trends; RoboBusiness and RoboBusiness exhibit services.

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