Intuitive Surgical Narrowly Beats First-Quarter Expectations, But Shares Remain Muted

Late Thursday, Intuitive Surgical (ISRG) stock was flat after the robotic surgery company reported adjusted earnings of $1.50 per share on $1.89 billion in first-quarter sales.X On average, analysts polled by FactSet expected the robotic surgery company to earn $1.42 a share and report $1.87 billion in sales. Notably, the number of procedures performed using Intuitive Surgical's bread-and-butter robot, da Vinci, climbed 16%. That beat expectations for 14.5%.In the year-earlier period, Intuitive Surgical ear ...