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What Led To 60% Growth In Intuitive Surgical’s Stock Over The Last Two Years? [Forbes]
Last intuitive surgical, inc. earnings: 4/16 04:05 pm
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What Led To 60% Growth In Intuitive Surgical’s Stock Over The Last Two Years? Intuitive Surgical’s Why Did Intuitive Surgical’s Stock Grow 60% Over The Last Two Years? healthcare companies here Intuitive Surgical’s Stock Price Grew 66% From $312 By The End of Q2 2017 To $520 By The End of Q2 2019, Led By Growth In Revenue, P/E Multiple Expansion, And A Decline In No of Shares, Partly Offset By A Slight Decline In Margins System sales refers to da Vinci surgical systems, which are computer assisted systems that help surgeons perform minimally invasive surgeries by controlling the device from a console Services includes full-time support to its customers, from installing the surgical systems to repairing and maintaining them Systems revenue grew from under $10 billion in 2017 to $11 billion in 2018, and an estimated $13 billion in 2019 Systems revenue growth is being led by higher demand for surgical robotic systems, given the widened scope of procedures performed The company has gu
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