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.

Infographic: Intuitive Surgical (ISRG) Q1 2020 Earnings Results

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.

  • intuitive surgical Q1 2019 earnings

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