Site icon Fundorica

Stereotaxis, Inc. (STXS) Q2 2024 Earnings Call Transcript

Stereotaxis, Inc. (NYSE:STXS) Q2 2024 Earnings Conference Call August 12, 2024 4:30 PM ET

Company Participants

David Fischel – Chairman and CEO
Kimberly Peery – CFO

Conference Call Participants

Adam Maeder – Piper Sandler
Josh Jennings – TD Cowen
Nelson Cox – Lake Street Capital Markets

Operator

Good afternoon, and welcome to the Stereotaxis, Inc. Second Quarter 2024 Earnings Conference Call.

Certain statements during the call and question-and-answer period to follow may relate to future events, expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company in the future to be materially different from the statements that the company’s executives make today. These risks are described in detail in our public filings with the Securities and Exchange Commission, including our latest periodic report on Form 10-K or 10-Q. We assume no duty to update these statements. [Operator Instructions] As a reminder, today’s call is being recorded.

It is now my pleasure to turn the floor over to your host, David Fischel, Chairman and CEO of Stereotaxis.

David Fischel

Thank you, operator, and good afternoon, everyone.

We have made significant progress this quarter on several key aspects of our strategic transformation. I want to spend the majority of today’s call reviewing those advances and how we are establishing a solid foundation upon which to build a substantial and successful company. Before getting to that, though, I want to address head on our commercial results and financial position. I recognize the quarterly numbers were disappointing.

Our results for the first half of this year were significantly impacted by reduced capital revenue. These results do not reflect a steady state reality. We are

Read the full article here

Exit mobile version