Intuitive Surgical Shares Fall After Q1 Earnings Miss

Brett Hershman      4/18/2019 3:15:28 PM

Intuitive Surgical, Inc. (NASDAQ: ISRG) shares are down after reporting a first-quarter earnings miss.

Earnings came in at $2.61, missing estimates by 9 cents. Sales came in at $974 million, beating estimates by $160,000.

Highlights

  • 235 da Vinci surgical systems shipped, up 27 percent year over year
  • Installed base grew 13 percent year over year
  • Revenue up 15 percent year over year

Intuitive Surgical's was down 7.6 percent at $488 per share in Thursday's after-hours session

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Photo credit: Intuitive Surgical, Inc. (©[2016], via Wikimedia Commons


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CBOE Holdings Inc. published this content on 18 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 April 2019 20:52:10 UTC