Intuitive Surgical beats analyst estimates as Da Vinci grows 21% By Investing.com

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<span>© Reuters. Intuitive Surgical (ISRG) beats analyst estimates as Da Vinci grows 21%</span><br />
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<p>Intuitive Surgical (NASDAQ:), a leader in robotic-assisted surgery, has announced its fourth-quarter results, surpassing the average analyst estimates.</p>
<p>The company reported total revenue of $1.93 billion, up 17% year-over-year and outperforming the estimated $1.89 billion. Earnings per share were $1.60, topping the analyst estimate of $1.48.</p>
<p>Shares fell 1% in after-hours trade.</p>
<p>The Instruments and Accessories segment contributed significantly to YoY growth, achieving $1.14 billion in revenue. This marked a 22% increase compared to the previous year, and aligning with the estimated $1.14 billion.</p>
<p>Intuitive Surgical demonstrated strong operational performance, with worldwide procedure growth reaching 21%, surpassing the expected 19.2%. </p>
<p>The installed base of the Da Vinci Surgical System reached 8,606 systems, rising 14% annually and exceeding the estimated 8,584.</p>
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<br /><a href="https://www.investing.com/news/stock-market-news/intuitive-surgical-beats-analyst-estimates-as-da-vinci-grows-21-432SI-3281023">Source link </a></p><p>The post <a href="https://forextraderhub.com/intuitive-surgical-beats-analyst-estimates-as-da-vinci-grows-21-by-investing-com.html">Intuitive Surgical beats analyst estimates as Da Vinci grows 21% By Investing.com</a> first appeared on <a href="https://forextraderhub.com">Forex Trader Hub</a>.</p>