MAKO: A Disappointing Quarter For Shareholders Could Be A Buying Opportunity For Bulls - Robotics Business Review
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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 Manager of EH Publishing’s Robotics Division, including Robotics Business Review, Robotics Trends, RoboBusiness and the Robotics Marketplace at CES. She is passionate about developing connections between robotics technologies and the corporate world. Nobile has a master’s degree in Writing, Literature and Publishing from Emerson College.

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