Categories AlphaGraphs, Earnings, Health Care
Infographic: Key highlights from Intuitive Surgical (ISRG) Q2 2020 earnings results
Intuitive Surgical, Inc. (NASDAQ: ISRG) reported second quarter 2020 earnings results today.
Revenues decreased 22% year-over-year to $852 million, due to lower procedures volume and system placements caused by the disruption related to the COVID-19 pandemic. The top line was also hurt by lower service revenue.
GAAP net income was $68 million, or $0.57 per share, compared to $318 million, or $2.67 per share, in the same period last year. Adjusted net income was $132 million, or $1.11 per share.
Due to the ongoing uncertainty, the company is unable to predict the impact of the pandemic on its financial results looking ahead.
Click here to check out the transcripts of the latest earnings conference calls
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