Categories AlphaGraphs, Earnings, Health Care
Intuitive Surgical (ISRG) reports higher Q2 revenues and earnings
Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the second quarter of 2023, reporting higher revenues and adjusted profit.
Second-quarter net profit, excluding one-off items, increased to $1.42 per share from $1.14 per share last year. Unadjusted net income was $420.8 million or $1.18 per share in Q2, compared to $307.8 million or $0.85 per share in the same period of the prior year.
The company reported net revenues of $1.76 billion for the second quarter, which is up 15% from the year-ago period. Instruments & Accessories revenues and Services revenues increased in double digits.
“We continue to focus on supporting our customers’ adoption, pursuing expanded indications, delivering excellence in quality and supply, and increasing productivity as we scale our business,” said Gary Guthart, Intuitive’s CEO.
Prior Performance
Most Popular
Intuit (INTU) set to report Q1 FY26 results. Here’s what to expect
Intuit Inc. (NASDAQ: INTU) is preparing to report results for the first three months of fiscal 2026, amid expectations for a double-digit increase in revenues and adjusted earnings. While the
Estee Lauder’s (EL) Beauty Reimagined strategy is paying off, a few points to note
Shares of The Estée Lauder Companies Inc. (NYSE: EL) stayed green on Friday. The stock has gained 20% year-to-date. After going through a challenging phase, the company witnessed a rebound
Omnichannel push, margin dynamics in focus as Walmart gears up for Q3 earnings
Walmart Inc. (NYSE: WMT) entered the second half of FY26 navigating a challenging retail landscape marked by tariff-related cost pressure and cautious consumer behavior. At the same time, the company
