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Rising Procedure Volumes Push Intuitive Surgical Third-Quarter Earnings Above Forecast

 
• By Marion Webb

Intuitive Surgical reported higher-than-expected third-quarter revenues with strong procedure growth and ongoing adoption of the da Vinci system in the US and outside of the US.

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Robotic surgery giant Intuitive Surgical Inc.'s third-quarter earnings grew more than 21% year over year with revenues rising 23% to $1.13bn, exceeding analyst's expectations.

Wells Fargo's senior analyst Larry Biegelsen wrote in his research notes on 18 October that Intuitive's $1.13bn third-quarter earnings, announced...

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