MAKO: A Disappointing Quarter For Shareholders Could Be A Buying Opportunity For Bulls

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Buyers must decide if an upswing in hip and knee surgeries will be enough to save MAKO stock

By Casey Nobile

June 19, 2012

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

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.

Article topics

RBR Groups · The Top 50 · Healthcare · Medical & Assistive · RBR Company · Analysis · RBR Insights · Financial News · Industry News · Finance · MAKO Surgical · Medical Robotics · RBR Insight · RBR50 · View all topics

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