Stereotaxis Q3 Revenue Up 20% · Fundraising and Acquisitions Underway
STXS Stereotaxis Inc
$0.90 -12.62%
View chart & analysis → - 1Stereotaxis, Inc. Q3 revenue rose 20% year-over-year to $8.9 million.
- 2Stereotaxis backlog stood at approximately $1.9 million due to supply constraints on MAGIC catheters.
- 3Stereotaxis secured $24 million through convertible note financing.
So what's the key point?
Stereotaxis's third-quarter revenue increased to $8.9 million. The company is also in the process of raising funds and acquiring other companies.
Source The Motley Fool +1 · View original ↗
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