Leerink Partners Raises Price Target on Intuitive Surgical (ISRG) Following 4Q Pre-Announcement
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Intuitive Surgical Announces Preliminary Fourth Quarter and Full Year 2015 Results
January 13, 2016 8:30 AM ESTSUNNYVALE, Calif., Jan. 13, 2016 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (NASDAQ: ISRG), the industry leader in robotic-assisted surgery, today announced certain unaudited preliminary fourth quarter and full year 2015 financial results ahead of its participation at the 34th Annual JP Morgan Healthcare Conference on January 13-14, 2016, in San Francisco, California.
The Company expects revenue for the fourth quarter of 2015 of approximately $677 million, an increase of approximately 12% compared with $605 million for the fourth quarter of 2014. The Company expects 2015 revenue of approximately $2.4 billion, an increase of approximately 12% compared with $2.1 billion for 2014. GAAP and non-GAAP revenue are... More
