A little over a month after Stryker reported it’s plans to acquire MAKO Surgical, the company reports large third quarter losses. The losses total a $23.1 million, compared to a $6.6 million loss in the thrid quarter of 2012.
Revenue was down to $22.8 million this quarter, down 22% from last year.
MAKO anticipates the closing of the proposed Merger with Stryker to occur prior to the end of 2013.
