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.