| Monday, medical robotics developer Hansen Medical, Inc. (HNSN), reported its preliminary revenue results for the second quarter ended June 30, 2009, indicated to come in short of Street estimates. The company also withdrew its previous guidance for system placements for 2009 and said it would provide an updated outlook for 2009 along with the complete second quarter results.
{loadposition link_supportresistance} {loadposition homeaccordion2} | | | {loadposition contentad} | | | | | The Mountain View, California-based company expects second quarter revenues to be in the range of $3.1 million to $3.3 million. On average, eight analysts polled by Thomson Reuters expect the company to report revenues of $8.77 million for the quarter. The company shipped six Sensei Robotic Catheter Systems and expects to recognize revenue in the second quarter on the sale of three of these systems. In addition, revenues for the quarter are expected to include the shipment of about 626 Artisan catheters. Frederic Moll, president and chief executive officer of Hansen Medical said, "Sensei system sales during the second quarter were adversely affected by general macroeconomic conditions that continue to significantly impact our potential customers' capital spending." Based on preliminary second quarter results and the current market conditions, Hansen withdrew its previous guidance for system placements for 2009. The company said it would provide an updated outlook for 2009 and complete second quarter financial results as scheduled for late July or early August. HNSN closed at $4.73, down $0.14 or 2.87%, on the Nasdaq Monday.
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