Buyers must decide if an upswing in hip and knee surgeries will be enough to save MAKO stock
By Casey Nobile
June 19, 2012
- 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
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