Intuitive Surgical stock rallies on sales forecast, as demand for robot surgeons rises

Shares of Intuitive Surgical Inc. ISRG, +0.52% rallied after hours on Tuesday after the maker of robotic surgical equipment said it expected fourth-quarter sales that were above Wall Street’s expectations, helped by a recovery in China. The company reported preliminary fourth-quarter revenue of around $1.93 billion, up 17$1.87 billion. Procedures involving da Vinci, its robotic surgical system, jumped 21% from a year earlier, when COVID-19 cases re-emerged in China and wei ...