Vicarious Surgical (NYSE:RBOT) Announces Quarterly Earnings Results, Beats Expectations By $0.38 EPS

Key Points

• Vicarious Surgical reported quarterly earnings of ($2.23) EPS, surpassing expectations by $0.38 against the consensus estimate of ($2.61).
• During trading, Vicarious Surgical's stock increased by $1.11 to reach a price of $10.31, with a market capitalization of $61.11 million.
• The company focuses on developing the Vicarious System, a single-incision surgical robot designed for minimally invasive surgeries.

Vicarious Surgical (NYSE:RBOT - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported ($2.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.61) by $0.38, Zacks reports.

Vicarious Surgical Price Performance

NYSE RBOT traded up $1.11 during trading hours on Tuesday, hitting $10.31. 50,983 shares of the company's stock traded hands, compared to its average volume of 28,762. Vicarious Surgical has a 52-week low of $4.27 and a 52-week high of $19.00. The company has a market capitalization of $61.11 million, a PE ratio of -0.99 and a beta of 1.41. The firm's 50-day moving average is $8.70 and its 200-day moving average is $8.87.

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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