Intuitive Surgical (ISRG) PT Raised to $970 at Piper Sandler

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Go back to Intuitive Surgical (ISRG) PT Raised to $970 at Piper Sandler

Intuitive Surgical (ISRG) Edges Higher as Earnings More Than Triple, Analysts Raise PTs After 'Another Outstanding Quarter'

July 21, 2021 9:24 AM EDT

Intuitive Surgical (Nasdaq: ISRG) presented better-than-expected Q2 results to send its shares about 3% higher in pre-open trading Wednesday.

ISRG saw its EPS soar to $4.25 per share to smash the $3.06 per expected from market analysts, according to figures compiled by Thomson Reuters. On an adjusted basis, the company earned $3.92 per share.

Revenue soared 7.18% to $1.46 billion compared to $0.85 a year ago. The companys flagship procedure da Vinci grew about 68% compared with a year-ago period.

We are pleased with our second quarter procedure growth and financial results, which reflect both the demand for... More