Canaccord Genuity Raises Price Target Following Intuitive Surgical's (ISRG) 3Q15 Earnings Results
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Intuitive Surgical Announces Third Quarter Earnings
October 20, 2015 4:05 PM EDTSUNNYVALE, Calif., Oct. 20, 2015 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (NASDAQ: ISRG), the industry leader in robotic-assisted surgery, today announced financial results for the quarter ended September 30, 2015.
Q3 Highlights
Worldwide da Vinci procedures grew approximately 15% over the third quarter of 2014, driven primarily by growth in U.S. general surgery procedures and broad-based procedure growth in Asia and other international markets. The Company shipped 117 da Vinci Surgical Systems, compared with 111 in the third quarter of 2014 and 118 in the second quarter of 2015. Non-GAAP* revenue of $590 million for the quarter grew... More