Intuitive Surgical (ISRG) PT Raised to $315 at Stifel

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Intuitive Surgical (ISRG) delivers best procedure growth in a decade; shares gain

April 19, 2023 7:27 AM EDT

Intuitive Surgical (NASDAQ: ISRG) reported strong growth in worldwide procedures for the first quarter to send its shares higher in pre-market Wednesday.

ISRG posted a Q1 EPS of $1.23 on revenue of $1.7 billion to top the analyst estimate for EPS of $1.19 on sales of $1.59B. Revenue soared by 14% year-over-year, fueled by a 22% surge in Instruments and Accessories... More