ISRG

Leading robotic surgical device maker Intuitive Surgical (NASDAQ:ISRG) posted better-than-expected third-quarter results, driven by a strong rise in procedure volume and higher system revenue. Q3 adjusted earnings per share were flat year-over-year at $1.19 but came ahead of analysts’ consensus of $1.12. The company, which makes the da Vinci surgical systems, also raised its full-year procedure growth guidance to the range of 17% to 18%, up from the prior outlook range of 14% to 16.5%. ISRG stock surged 11.7% in Tuesday’s extended trading session in reaction to the solid results despite a challenging market. Shares have plunged 46.1% year-to-date (as of October 18).
https://www.tipranks.com/news/intuitive-surgical-nasdaqisrg-stock-surges-on-upbeat-q3-results?utm_source=advfn.com&utm_medium=referral