Mazor Robotics reported preliminary 2Q17 revenue of US $15.4MM, +85.5% vs. $8.3MM reported in 2Q16.
Within 2Q17 the company received 19 system purchase orders, including 16 for the Mazor X™ robotic guidance system in the U.S. and 3 for Renaissance® systems (ex-U.S. 2, U.S. 1). The U.S. Mazor X orders included 7 trade-ins from customers who had previously purchased Renaissance systems.
Mazor ended 2Q17 with a system backlog of 14 systems, similar to 1Q17; these are slated for delivery in 2H17.
Mazor will report final 2Q17 results on August 1.
Sources: Mazor Robotics Ltd.; ORTHOWORLD Inc.
Mazor Robotics reported preliminary 2Q17 revenue of US $15.4MM, +85.5% vs. $8.3MM reported in 2Q16.
Within 2Q17 the company received 19 system purchase orders, including 16 for the Mazor X™ robotic guidance system in the U.S. and 3 for Renaissance® systems (ex-U.S. 2, U.S. 1). The U.S. Mazor X...
Mazor Robotics reported preliminary 2Q17 revenue of US $15.4MM, +85.5% vs. $8.3MM reported in 2Q16.
Within 2Q17 the company received 19 system purchase orders, including 16 for the Mazor X™ robotic guidance system in the U.S. and 3 for Renaissance® systems (ex-U.S. 2, U.S. 1). The U.S. Mazor X orders included 7 trade-ins from customers who had previously purchased Renaissance systems.
Mazor ended 2Q17 with a system backlog of 14 systems, similar to 1Q17; these are slated for delivery in 2H17.
Mazor will report final 2Q17 results on August 1.
Sources: Mazor Robotics Ltd.; ORTHOWORLD Inc.
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.