Intuitive Surgical (ISRG) PT Raised to $700 at Piper Jaffray But Risk/Reward Keeps Them Sidelined
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Intuitive Surgical Announces Second Quarter Earnings
July 19, 2016 4:05 PM EDTSUNNYVALE, Calif., July 19, 2016 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (NASDAQ: ISRG), the industry leader in robotic-assisted surgery, today announced financial results for the quarter ended June 30, 2016.
Q2 Highlights
Worldwide da Vinci procedures grew nearly 16% compared with the second quarter of 2015 driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures.The Company shipped 130 da Vinci Surgical Systems compared with 118 in the second quarter of 2015.Second quarter 2016 revenue of $670 million grew approximately 14% compared with $586 million for the second quarter of... More