UPDATE 1-Intuitive Surgical tops profit estimates as robot sales rise [Reuters]
Intuitive Surgical, Inc. (ISRG)
Last intuitive surgical, inc. earnings: 4/16 04:05 pm
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Source: Reuters
Intuitive Surgical tops profit estimates as robot sales rise | Reuters Reuters Staff 2 Min Read (Reuters) - Intuitive Surgical Inc ( ISRG.O ) topped analysts’ forecasts for fourth-quarter earnings on Thursday, helped by strong demand for its robotic systems used in surgeries. Intuitive’s shares, which hit a record high earlier in the day, fell 1.2 percent in after-hours trading. The stock has already risen 23 percent in 2018 after a 73 percent climb last year. Sunnyvale, California-based Intuitive has enjoyed a near monopoly in the abdominal surgical robots market since launching its flagship device called da Vinci in 2000. But the company has in recent months ramped up spending on product development to remain ahead of competition. Its operating expenses rose 16.6 percent year-over-year to $306.3 million in the quarter ended Dec. 31. The company shipped 216 da Vinci systems in the quarter, compared with 163 in the prior-year period. Intuitive reported a net loss of $38.8 million or
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News
- Intuitive Surgical, Inc. (NASDAQ:ISRG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Intuitive Surgical (ISRG) Q1 Earnings Beat, Procedures Robust [Yahoo! Finance]Yahoo! Finance
- Got $500? 3 Healthcare Stocks to Buy and Hold Forever [Yahoo! Finance]Yahoo! Finance
- Intuitive Surgical, Inc. (NASDAQ: ISRG) had its price target lowered by analysts at Robert W. Baird from $440.00 to $436.00. They now have an "outperform" rating on the stock.MarketBeat
- Intuitive Surgical, Inc. (NASDAQ: ISRG) had its price target raised by analysts at Jefferies Financial Group Inc. from $365.00 to $375.00. They now have a "hold" rating on the stock.MarketBeat
ISRG
Earnings
- 4/18/24 - Beat
ISRG
Sec Filings
- 4/19/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 3/18/24 - Form 4
- ISRG's page on the SEC website