Intuitive Surgical Stock Pops On Q3 Earnings Beat, Da Vinci Procedures Climb 18%, Regulatory Clearance Update And More
Portfolio Pulse from Adam Eckert
Intuitive Surgical (NASDAQ:ISRG) reported strong Q3 earnings, surpassing estimates with $2.04 billion in revenue and $1.84 EPS. The company saw an 18% increase in da Vinci procedures and regulatory clearance in South Korea for its da Vinci 5 system. Shares rose 6.39% in after-hours trading.
October 17, 2024 | 8:27 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Intuitive Surgical reported better-than-expected Q3 earnings with significant growth in revenue and da Vinci procedures. The company also received regulatory clearance in South Korea for its da Vinci 5 system, contributing to a 6.39% rise in after-hours trading.
The strong earnings report, with revenue and EPS beating estimates, indicates robust business performance. The 18% increase in da Vinci procedures and regulatory clearance in South Korea are positive developments, likely boosting investor confidence and driving the stock price up.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100