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Stock impact report

Here's Why Intuitive Surgical is the Tesla of the Healthcare Industry [The Motley Fool]

Intuitive Surgical, Inc. (ISRG) 
Last intuitive surgical, inc. earnings: 4/16 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Few stocks have captured investors' imaginations quite likeTesla(NASDAQ:TSLAIntuitive SurgicalNASDAQ:ISRG 00,Image Source: Getty Images.What is Intuitive Surgical?Founded in 99, Intuitive Surgical develops and manufactures robotic surgical systems. The company uses a "razor-and-bladeIn 09, the installed base of systems rose % from ,986 to ,8 units, while recurring revenue from equipment and accessory sales jumped % from $.6 billion to $. billion. Overall revenue rose 0% from $.7 billion to $.8 billion with recurring revenue making up over 70% of the total.Da Vinci systems are mainly used for non-invasive urology and gynecology-related surgeries. This means demand should hold up, even in an economic downturn. But management is forecasting some near-term disruption due to travel restrictions and lower procedure volumes as people put off non-urgent medical needs until the coronavirus pandemic is over.On April 8, Intuitive withdrew its previous 00 guidance, which predicted growth for the Show less Read more
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