The revenue drop is attributed to slumped sales of the company's leading product, the Robotic Arm Interactive Orthopedic systems. MAKO sold 13 systems in 2012, down five units from the 18 sold in 2011. The company projects flat sales for 2013, according to the report.
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MAKO Surgical Loses $5.7M in 4Q 2012 From Fewer Robotic Device Sales FeaturedWritten by Heather Linder | Thursday, 28 February 2013 17:26
MAKO Surgical suffered a net loss of $5.7 million in the fourth quarter of 2012, and the company's revenue for the quarter declined 8 percent from $32.9 million in 2011 to $30.2 million in 2012 due to down device sales.
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