Intuitive Announces Second Quarter Earnings

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Intuitive Surgical (ISRG) PT Raised to $725 at Canaccord Genuity Due to Strong Balance Sheet and COVID Recovery

July 22, 2020 10:34 AM EDT

Canaccord Genuity analyst Cecillia Furlong raised the price target on Intuitive Surgical (NASDAQ: ISRG) to $725.00 (from $562.00) while maintaining a Buy rating citing they positive quarter despite challenging headwinds, faster-than-anticipated volume recovery, geographical diversity, streamlined production, the extended use program, competitive pricing, the customer... More

Intuitive Surgical (ISRG) Tops Q2 EPS by 48c

July 21, 2020 4:06 PM EDT

Intuitive Surgical (NASDAQ: ISRG) reported Q2 EPS of $1.11, $0.48 better than the analyst estimate of $0.63. Revenue for the quarter came in at $852 million versus the consensus estimate of $664.96 million.

Worldwide da Vinci procedures decreased approximately 19% compared with the second quarter of 2019,... More