No. of Recommendations: 3

4 systems sold in Q2.

Results remain lumpy, so they want to be judged year over year, which i think makes sense too.

Disposable revenue up 17%, and total revenue down to $4.5 MM (from $6.2 MM).

System utilization at all time high.

72 systems installed globally.

39 in US (up from 29 last year)

Estimate 2,200 - 2,400 US facilities could be MZOR customers, giving them a 2% penetration.

Expanding sales team to 20.

GM 79%.

Net loss $4.1 MM

$58.4 MM in cash.

MZOR remains a small, volatile stock. I own a small slice and plan on doing so for a long time.

Like ISRG and MAKO,the short term will be all about this quarters system sales, and the share price will bounce around accordingly.

In addition, MZOR is an Israeli company, so geo-political issues will also cast a shadow on the share price.

This remains a fun story to follow, so I'm hanging in there.

SA/RB Welcome Fool
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