Intuitive Surgical Posts $522.8M Third-Quarter Net Income
ISRG sits 34% above its 52-week low of $328.57.
Summary
Intuitive Surgical reported third-quarter net income of $522.8 million, with EPS of $1.49 and adjusted EPS of $3.00, which beat the IBES estimate of USD 2.64. That compares against a Q2 baseline of $2.89 billion in revenue (+19% YoY) and $2.29 diluted EPS, so the profit line is the key read on whether margin held as procedure growth continued. The headline carries no revenue or guidance figures, so the full beat/miss picture isn't visible yet — the full release and any procedure-growth or margin commentary will drive the reaction. This is the quarter's main fundamental update for a $155B-cap name trading near $439, and it lands after a stretch of routine insider 10b5-1 sale filings and the September CE mark win for da Vinci SP in transvaginal gynecology. Watch the accompanying release and call for Q4 guidance and procedure growth.
At the time of this announcement, ISRG was trading at $439.00 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $154.7B. The 52-week trading range was $328.57 to $603.88. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.