MAKO Surgical Loses $5.7M in 4Q 2012 From Fewer Robotic Device Sales Featured

Written by  Heather Linder | Thursday, 28 February 2013 17:26
Social sharing
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.
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.  

More Articles on Devices:
Premia Spine Develops Spine Implant Alternative to Fusion
Ascendx Spine Recognized by Southeast Medical Device Association
Zimmer Releases DTO 5.5 Spine Fixation System for Disc Degeneration

© Copyright ASC COMMUNICATIONS 2017. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months