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Intuitive Surgical 10% Stock Price Increase by End of Q2 2024
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Story
Intuitive Surgical Beats Q1 Forecasts; EPS $1.50, Revenue $1.89B, Stock Up 1.4% AH
Apr 18, 2024, 08:08 PM
Intuitive Surgical, Inc. reported a strong first quarter, surpassing analyst expectations with earnings per share (EPS) of $1.50 compared to the forecasted $1.41, and revenue of $1.89 billion against the expected $1.87 billion. The company's market capitalization reached $132.07 billion, reflecting a positive market response with a stock increase of 1.4% in after-hours trading. Additionally, the worldwide procedures using their da Vinci systems grew by approximately 16% year-over-year.
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