Reported about 12 hours ago
Intuitive Surgical reported higher-than-expected profits and revenues for the third quarter, fueled by growing demand for its da Vinci surgical robots. The company's shares rose 17% in after-hours trading, as hospitals increase minimally invasive procedures. The adjusted profit margin forecast has been raised slightly, and the company anticipates a 17% to 17.5% increase in da Vinci-assisted surgeries in 2025. For the quarter ending September 30, Intuitive earned $2.40 per share, outperforming analyst predictions.
Source: YAHOO