Robotic surgery giant Intuitive Surgical (ISRG) topped earnings views after the bell on Tuesday, marking the company’s fourth consecutive quarterly beat. The company is the maker of the popular da Vinci Surgical System, which enables complex surgery using a minimally-invasive approach.The da Vinci System is powered by robotic technology, which has provided Intuitive Surgical with solid exposure to artificial intelligence for healthcare. The system provides 3D High-Definition vision, enabling surgeons to gai ...

Intuitive Surgical, Inc. (ISRG) reported $1.93 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 16.5%. EPS of $1.60 for the same period compares to $1.23 a year ago.The reported revenue represents a surprise of +0.02% over the Zacks Consensus Estimate of $1.93 billion. With the consensus EPS estimate being $1.47, the EPS surprise was +8.84%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Intuitive Surgical, Inc. (NASDAQ:ISRG) Q4 2023 Earnings Call Transcript January 23, 2024 4:30 PM ET Company Participants Brian King - Head of IR Gary Guthart - CEO Jamie Samath - CFO Conference Call Participants Larry Biegelsen - Wells Fargo Travis Steed - Bank of America Robbie Marcus - JPMorgan Rick Wise - Stifel Adam Maeder - Piper Sandler Drew Ranieri - Morgan Stanley Operator Thank you everyone for standing by. Welcome to the Intuitive Fourth Quarter 2023 Earnings Call. At this time, all participants a ...

Blue-chip healthcare stocks tend to be among the top portfolio picks for long-term investors today. Though their blue-chip status implies maturity, which they have, it also implies that the companies have limited growth prospects. That’s far from the case for the best blue-chip healthcare stocks today.Healthcare and MedTech are emerging, changing and innovative stock sectors. Healthcare advancements march unabated even as cash and regulatory limitations cut down on acceleration in other domains like artific ...

SUNNYVALE, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Intuitive (the "Company") (NASDAQ:ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced financial results for the quarter ended December 31, 2023. Q4 Highlights Worldwide da Vinci procedures grew approximately 21% compared with the fourth quarter of 2022.The Company placed 415 da Vinci surgical systems, compared with 369 in the fourth quarter of 2022.The Company grew its da Vinci surgical ...

Intuitive Surgical, Inc. (ISRG) is scheduled to release fourth-quarter 2023 results on Jan 23, after the closing bell.The company’s shares have risen 46.4% in the past year against the industry’s 1.1% decline. The S&P 500 Index gained 21.3% in the same time frame.In the last reported quarter, ISRG delivered an earnings surprise of 7.58%. Its earnings beat estimates in three of the trailing four quarters and missed the same in one, delivering an average surprise of 3.03%.Image Source: Zacks Investment Resear ...

The latest trading session saw Intuitive Surgical, Inc. (ISRG) ending at $374.82, denoting a +0.78% adjustment from its last day's close. This change lagged the S&P 500's 1.23% gain on the day. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 1.7%.Shares of the company have appreciated by 11.54% over the course of the past month, outperforming the Medical sector's gain of 3.16% and the S&P 500's gain of 0.94%.Analysts and investors alike will be keeping a close eye on the performance of In ...

Intuitive Surgical, Inc. (ISRG) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +11.5% over the past month versus the Zacks S&P 500 composite's +0.9% change. The Zacks Medical - Instruments industry, to which Intuitive Surgical, Inc. belongs, has gained 3.1% over this period. Now the key question is: Where could the stock be hea ...

Intuitive Surgical Inc. (ISRG, Financial) is an absolute monster of a health care stock. The company has returned over 600% over the past 10 years, easily dwarfing the 160% returns of the S&P 500 Index. Over the same period, the Health Care Select Sector ETF (XLV, Financial) returned 148%. Most of the growth in Intuitive Surgical was seen as hospitals, large medical institutions and integrated delivery networks such as Kaiser Permanente jumped onto the trend of using its robotic surgery systems at their hea ...

Intuitive Surgical, Inc. (ISRG) is well poised for growth in the coming quarters, courtesy of its strength in robotics. The optimism, led by solid 2023 results and its progress on the artificial intelligence (AI) front, is expected to contribute further. Risks pertaining to procedure adoption and stiff competition persist.Shares of this currently Zacks Rank #3 (Hold) company have risen 38.4% in the past year against the industry’s 0.1% decline. The S&P 500 Index has gained 20.6% during the same time frame.I ...