Reported about 9 hours ago
Intuitive Surgical experienced a significant rise in its stock after posting impressive third-quarter profits and sales, driven by increased demand for its da Vinci and Ion robotic surgical systems. The company's adjusted earnings per share exceeded expectations at $2.40, with revenue growing by 23% to $2.51 billion. Analysts suggest that Intuitive is well-positioned in the expanding market for minimally invasive surgery, with projections for ongoing growth in procedure volume and system placements.
Source: YAHOO