Intuitive Surgical Stock Pops On Q3 Earnings Beat, Da Vinci Procedures Climb 18%, Regulatory Clearance Update And More

Intuitive Surgical, Inc. (NASDAQ:ISRG) reported third-quarter financial results after markets closed on Thursday. Here’s a rundown of everything you need to know.

Q3 Earnings Top Estimates: Intuitive Surgical reported third-quarter revenue of $2.04 billion, beating the consensus estimate of $2 billion. The robotic-assisted surgery company reported third-quarter adjusted earnings of $1.84 per share, beating analyst estimates of $1.63 per share, according to Benzinga Pro.

Revenue climbed 17% on a year-over-year basis. Worldwide da Vinci procedures increased approximately 18% year-over-year. The company said it placed 379 da Vinci surgical systems in the quarter, versus 312 in ...