Major Regulatory Approvals Coming For Stereotaxis In The Next 10 Months [Seeking Alpha]
Stereotaxis, Inc. (STXS)
US:NASDAQ Investor Relations:
ir.stereotaxis.com
Company Research
Source: Seeking Alpha
Stereotaxis submitted the Magic catheter to EU and US regulators, with expectations of CE Mark approval in May or June. The company reported $4.56 million in sales in Q4, missing estimates due to installation timing. Stereotaxis plans to submit the semi-mobile robot to regulators in Q2. The firm expects it to be approved in Europe in mid-2024 and in the US in Q3. The $20.6 million cash position is enough to get the company to breakeven and launch its new products without additional financing. Closer Stereotaxis Coverage Coming In this article I will review the “Open EP Robotic Lab” presentation Stereotaxis ( NYSE: STXS ) gave on March 1 in which it revealed the results from the EU Magic human trial and the March 4 Q4 earnings report. I will continue covering Stereotaxis on a quarter-by-quarter basis since the company is on the brink of numerous regulatory submissions and approvals in 2024. As a reminder, management said it would start the Magic catheter human trial, which
Show less
Read more
Impact Snapshot
Event Time:
STXS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STXS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STXS alerts
High impacting Stereotaxis, Inc. news events
Weekly update
A roundup of the hottest topics
STXS
News
- Stereotaxis to Report First Quarter 2024 Financial Results on May 13, 2024GlobeNewswire
- Stereotaxis (STXS) Seeks Clearance for MAGiC Catheter [Yahoo! Finance]Yahoo! Finance
- Stereotaxis, Inc. (AMEX:STXS) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Stereotaxis Inc (STXS) Faces Revenue Pressure Amid Strategic Transformation [Yahoo! Finance]Yahoo! Finance
- Stereotaxis Announces Regulatory Submissions of the MAGiC Ablation Catheter in Europe and the United States [Yahoo! Finance]Yahoo! Finance
STXS
Earnings
- 3/4/24 - Miss
STXS
Sec Filings
- 4/8/24 - Form DEFA14A
- 4/4/24 - Form 4
- 4/4/24 - Form DEFA14A
- STXS's page on the SEC website