Vicarious Surgical (NYSE:RBOT) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Vicarious Surgical (NYSE:RBOT - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($2.58) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.61) by $0.03, Zacks reports.

Vicarious Surgical Trading Up 0.8%

RBOT stock traded up $0.07 during mid-day trading on Monday, hitting $8.69. The stock had a trading volume of 29,400 shares, compared to its average volume of 33,914. Vicarious Surgical has a 1-year low of $4.27 and a 1-year high of $19.00. The company has a fifty day moving average of $7.24 and a 200 day moving average of $10.70. The stock has a market capitalization of $51.54 million, a price-to-earnings ratio of -0.84 and a beta of 1.46.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler reduced their price objective on Vicarious Surgical from $10.50 to $8.50 and set a "neutral" rating for the company in a research note on Tuesday, March 18th.

About Vicarious Surgical

Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.

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