Mako Surgical reports 60% surge in revenue (Brian Bandell @ South Florida Business Journal)
Mako Surgical Corp. continued its run as one of the fastest-growing companies in South Florida, with a 67 percent revenue increase in the third quarter.
The Fort Lauderdale-based company (NASDAQ: MAKO) reported revenue of $20 million, up from $12 million in the same quarter a year ago. The introduction of advanced hip replacement surgery to its Robotic Arm Interactive Orthopedic (RIO) device, which sold 12 units during the recent quarter, boosted its sales.
However, higher expenses ...
