When I last wrote on MAKO Surgical (NASDAQ:MAKO), I thought investors would be well-served by slowly building a multi-part position. With the stock up 38% since that piece (and 43% over the last three months), I'm feeling relatively good about that call. What's more, MAKO management has helped itself and rebuilt some credibility with the Street when it comes to guidance and financial performance. With the shares back in the mid-teens, it's going to take better utilization numbers for me to get more excited about the shares, and the trend there is not nearly so positive.
Doing What It Needed To In Q2
MAKO's fiscal second quarter was what I'd call "workmanlike" - the company's procedure count and...
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