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Intuitive Surgical Q2 revenue over $2 billion?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Q2 2024 earnings report from Intuitive Surgical
Story
Intuitive Surgical Beats Q1 Estimates, Stock Up 1.4%, Market Cap $132B
Apr 18, 2024, 08:19 PM
Intuitive Surgical, Inc. reported its first-quarter earnings, surpassing Wall Street estimates with a revenue of $1.89 billion and adjusted earnings per share (EPS) of $1.50, which was $0.08 above expectations. These figures beat the forecasts of $1.87 billion in revenue and $1.41 EPS. The company's success was driven by a significant 16% year-over-year growth in worldwide da Vinci procedures. Following the announcement, Intuitive Surgical's stock saw an increase, up 1.4% in after-hours trading, with a market cap of $132.07 billion.
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Similar markets
Revenue of $2 billion in a single quarter • 25%
Market cap of $150 billion • 25%
20% increase in stock price from Q1 end • 25%
20% growth in worldwide da Vinci procedures year-over-year • 25%
Outperform • 33%
Underperform • 33%
Perform on par • 34%
Q2 2024 • 25%
Q3 2024 • 25%
Q4 2024 • 25%
No quarter will exceed Q1's growth rate • 25%
