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Monday, Oct 21
Mazor Robotics in 2M-share offering, guides Q3 revenues lower
- Mazor Robotics (MZOR) -6,5% premarket after announcing a public offering of 2M shares and guiding Q3 revenues below consensus expectations.
- MZOR sees Q3 revenue of ~$3M vs. $5M consensus and $4.1M in the year-ago quarter, the company says it sold two Renaissance systems and one system upgrade compared to five systems during Q3 2012.