Mako slides again on missed procedure volumes, lowered outlook

November 8, 2012 by MassDevice staff

Shares of Mako Surgical are under pressure today after the medical device company reported lower-than-expected procedure volumes and cut its utilization forecast for 2012.

Mako Surgical

Mako Surgical (NSDQ:MAKO) shares are once again under pressure on Wall Street, with investors spooked by lower-than-expected procedure volumes during the 3rd quarter, despite a more than 45% sales increase and significantly reduced losses.

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