Vicarious Surgical Reports Fourth Quarter and Full Year 2023 Financial Results
Vicarious Surgical Inc. Class A (RBOT)
Company Research
Source: Business Wire
Version 1.0 Surgical System On Track for Cadaveric Testing this SpringAchieves 2023 Cash Burn Objective of $63.4 Million2024 Cash Burn Guidance of $50 Million Reflects Prior Cost Reduction Initiatives WALTHAM, Mass.--(BUSINESS WIRE)--Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”) (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve patient outcomes as well as both the cost and efficiency of surgical procedures, today announced financial results for the quarter and full year ended December 31, 2023. Management will host a corresponding conference call at 4:30 p.m. ET today, March 4, 2024.“We made meaningful progress transitioning our Beta 2 surgical system into our highly anticipated Version 1.0 product in 2023. Through close collaboration with our surgeon and major hospital system partners, we refined our V1.0 system design and successfully constructed each subsystem,” stated Adam Sachs, Co-Founder and CEO of Vicarious Surgical. “
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- Insiders Give Up US$335k As Vicarious Surgical Stock Drops To US$0.34 [Yahoo! Finance]Yahoo! Finance
- Vicarious Surgical Inc (NYSE: RBOT) had its price target lowered by analysts at Piper Sandler from $1.50 to $1.00. They now have a "neutral" rating on the stock.MarketBeat
- Vicarious Surgical Inc. (NYSE:RBOT) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Vicarious Surgical Chairman David Styka Resigns [MarketWatch]MarketWatch
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