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Last $2.46 USD
Change Today +0.07 / 2.93%
Volume 323.9K
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

transenterix inc (TRXC) Snapshot

Open
$2.41
Previous Close
$2.39
Day High
$2.48
Day Low
$2.38
52 Week High
06/1/15 - $4.87
52 Week Low
12/15/14 - $1.40
Market Cap
208.0M
Average Volume 10 Days
401.4K
EPS TTM
$-0.61
Shares Outstanding
84.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for TRANSENTERIX INC (TRXC)

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transenterix inc (TRXC) Details

TransEnterix, Inc., a medical device company, focuses on the development and commercialization of a robotic assisted surgical system in the United States and internationally. The company develops SurgiBot System, a single-incision, patient-side robotic-assisted surgery system. The SurgiBot System comprises of SurgiBot Base, a reusable robotic base that provides the platform of the system; the EndoDrive, a single port, surgical access device for abdominal surgery; and the Positioning Arm, a reusable arm that supports and repositions the SurgiBot Base at the operating table. The company also develops and manufactures flexible and rigid laparoscopic surgical instruments that are used in abdominal surgery, such as scissors, graspers, clip appliers, flexible energy device, and suction and irrigation instruments. TransEnterix, Inc. is headquartered in Morrisville, North Carolina.

98 Employees
Last Reported Date: 02/20/15

transenterix inc (TRXC) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $400.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $282.8K
Compensation as of Fiscal Year 2014.

transenterix inc (TRXC) Key Developments

TransEnterix, Inc. Amends Existing Loan Agreement with Oxford Finance LLC and Silicon Valley Bank

TransEnterix, Inc. announced that it has expanded its existing financing agreement with Oxford Finance LLC (Oxford) and Silicon Valley Bank (SVB) to provide for up to $30.0 million in growth capital, an increase from $25.0 million. On August 14, 2015, the company entered into an amendment to its amended and restated loan and security agreement (the Loan Agreement) with Oxford and SVB for a total loan amount of up to $30.0 million. At closing, due to the achievement of certain milestones, the Company increased its existing borrowings to $20.0 million, up from $10.0 million. The availability of the third tranche of $10.0 million is dependent upon the company achieving certain milestones specified in the loan agreement. The loan will mature on October 1, 2018, or April 1, 2019, if certain milestones are achieved. The company is entitled to make interest only payments until May 1, 2016. The interest-only period is extended to November 1, 2016 if the company receives 510(k) clearance for its SurgiBot System at any time prior to April 30, 2016. The loan agreement includes customary warrant coverage and is secured by company assets. Proceeds will be used for general corporate and working capital purposes.

TransEnterix, Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

TransEnterix, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating loss of $9,068,000 against $10,381,000 a year ago. Net loss was $9,348,000 against $10,587,000 a year ago. Net loss per basic and diluted share was $0.14 against $0.18 a year ago. For the six months, the company reported operating loss of $18,907,000 against $17,539,000 a year ago. Net loss was $19,468,000 against $18,066,000 a year ago. Net loss per basic and diluted share was $0.30 against $0.33 a year ago. Net cash and cash equivalents used in operating activities was $16,126,000 against $13,362,000 a year ago. Purchase of property and equipment was $311,000 against $910,000 a year ago.

TransEnterix, Inc. to Report Q2, 2015 Results on Aug 06, 2015

TransEnterix, Inc. announced that they will report Q2, 2015 results at 4:30 PM, US Eastern Standard Time on Aug 06, 2015

 

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Company Last Change
Intuitive Surgical Inc $514.24 USD -1.33
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Industry Analysis

TRXC

Industry Average

Valuation TRXC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 859.2x
Price/Book 1.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 651.2x
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