Categories AlphaGraphs, Earnings, Health Care
Infographic: Intuitive Surgical (ISRG) Q1 2020 Earnings Results
Intuitive Surgical Inc. (NASDAQ: ISRG) reported higher earnings and revenues for the first quarter of 2020. The results also topped the Street view and the company’s stock gained modestly during Thursday’s after-hours session.
The top-line rose 13% annually to $1.1 billion, mainly reflecting a double-digit increase in the flagship da Vinci procedures. At $2.69 per share, adjusted profit was up 3% year-over-year.
Towards the end of the quarter, operations were impacted by disruptions caused by the pandemic outbreak, reversing the positive momentum seen prior to that. There was a sharp fall in procedure volume and system placements were postponed in the US and Western Europe, where resources were diverted to manage COVID-19.
Shares of Intuitive Surgical closed Thursday’s regular session slightly lower. The stock has lost 15% since the beginning of the year.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
