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Monogram Technologies inc   (NASDAQ: MGRM)
Other Ticker:  
 
 
Price: $2.5900 $-0.13 -4.779%
Day's High: $2.7499 Week Perf: -1.52 %
Day's Low: $ 2.59 30 Day Perf: -5.13 %
Volume (M): 60 52 Wk High: $ 4.21
Volume (M$): $ 156 52 Wk Avg: $2.51
Open: $2.71 52 Wk Low: $1.88



 Market Capitalization (Millions $) 84
 Shares Outstanding (Millions) 32
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -16
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 0

Monogram Technologies Inc
Monogram Orthopaedics Inc. is a medical technology company specializing in the development and commercialization of novel orthopedic implants and instrumentation. The company focuses on providing innovative solutions for improving patient outcomes in musculoskeletal surgeries.

Monogram Orthopaedics Inc. aims to address the unmet needs and challenges faced by surgeons and patients in orthopedic procedures. The company's products are designed to enhance surgical precision, improve implant fixation, and accelerate the healing process.

The company utilizes advanced technologies, including 3D printing and computer-assisted design, to develop and manufacture its orthopedic implants and instrumentation. These state-of-the-art technologies allow for customization and optimization of the products, ensuring the best fit and performance for each patient.

Monogram Orthopaedics Inc. collaborates with orthopedic surgeons, medical professionals, and research institutions to drive innovation and bring superior orthopedic solutions to the market. By combining medical expertise with cutting-edge technology, the company aims to revolutionize orthopedic care and improve the quality of life for patients in need of orthopedic interventions.


   Company Address: 3913 Todd Lane Austin 78744 TX
   Company Phone Number: 399-2656   Stock Exchange / Ticker: NASDAQ MGRM


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
EW        3.23% 
GMED        3.8% 
MDT        2.19% 
SYK        1.85% 
TFX        1.05% 
ZBH   -1.76%    
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Monogram Orthopaedics Inc

Improved Operating Deficit Reflects Progress for Monogram Orthopaedics Inc2.



Monogram Orthopaedics Inc, a company operating in the Medical Equipment & Supplies industry, has recently presented its financial results for the first quarter of 2024. Despite reporting an operating deficit, the company has shown improvement compared to the previous year. However, its stock price has encountered a significant decline in the past three months. This article will explore the potential implications of these financial results on the company's future prospects.
1. Operating Deficit and Lack of Revenue
Monogram Orthopaedics Inc's financial report for the first quarter of 2024 reveals an operating deficit of $-3.610159 million. This deficit is an improvement from the same quarter in the previous year, where the operating deficit stood at $-3.896065 million. Interestingly, the company has not yet cited any revenue for this reporting season, which may raise concerns regarding its current financial situation.









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