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Search Results for: intuitive surgical

Intuitive Surgical highlights supply chain risk, addresses Medtronic’s Hugo launch

October 19, 2021 By Jim Hammerand

Intuitive Surgical executives today said delays and price increases are working their way through the medtech supply chain, likely resulting in higher production costs in the months ahead and the potential for delayed development and regulatory activity. “I don’t think I can say it’s getting better. it’s a difficult situation and will continue for some […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, News Well, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, robot-assisted, Robotic Surgery

Intuitive Surgical names new C-suite leaders, reports Street-beating Q3

October 19, 2021 By Jim Hammerand

Intuitive Surgical (NSDQ:ISRG) today announced changes in the ranks of its senior leadership as the surgical robotics maker released Q3 results that exceeded expectations. Sunnyvale, California-based Intuitive launched two new functional organizations — Strategy and Growth, and Global Business Services — and named leaders who will take over effective Jan. 1. Get the full story […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, News Well, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, Personnel Moves, robot-assisted, Robotic Surgery

Intuitive Surgical to invest $500M in Georgia campus

August 6, 2021 By Chris Newmarker

Intuitive Surgical (NASDAQ: ISRG) will spend more than $500 million to expand its Peachtree Corners campus northeast of Atlanta, according to Georgia Gov. Brian P. Kemp’s office. The Sunnyvale, Calif.–based robotic surgery systems company — the dominant player in the space — has had a presence in Georgia for a decade. The plan is to […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical Tagged With: Georgia, Intuitive Surgical, robot-assisted, Robotic Surgery

Intuitive Surgical dips despite Street-beating Q2

July 21, 2021 By Sean Whooley

Intuitive Surgical (NSDQ:ISRG) shares hit a small skid this morning on second-quarter results that topped the consensus forecast. The Sunnyvale, Calif.–based robotic surgery company posted profits of $517.2 million, or $4.25 per share, on sales of $1.5 billion for the three months ended June 30, 2021, multiplying its bottom line by nearly seven times on […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, robot-assisted, Robotic Surgery

Intuitive Surgical must face electrified scissors lawsuit

April 23, 2021 By Sean Whooley

A U.S. appeals court revived a lawsuit alleging that flawed electrical scissors from Intuitive Surgical were used during a hysterectomy. The appeals court panel ruled that a lower court applied the wrong legal standard in dismissing Tamanchia Moore’s lawsuit against Intuitive. Specifically, the district court erred by excluding Moore’s causation expert, according to the ruling […]

Filed Under: Business/Financial News, Featured, Gynecological, Legal News, Recalls, Robotics, Surgical, Women's Health Tagged With: Intuitive Surgical

Intuitive Surgical up on Street-beating Q1

April 21, 2021 By Chris Newmarker

Intuitive Surgical (NYSE:ISRG) stock rose nearly 10% today, a day after the company reported first-quarter results that handily beat Wall Street expectations. Baird upgraded Intuitive’s stock rating to outperform after the news yesterday evening, according to media reports. The Sunnyvale, Calif.–based robotic surgery company reported profits of $435.2 million, or $3.51 per share, on sales […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, robot-assisted, Robotic Surgery

Intuitive Surgical stock down despite Street-beating Q4

January 22, 2021 By Sean Whooley

Intuitive Surgical (NSDQ:ISRG) shares took a solid hit today despite fourth-quarter results that topped the consensus forecast. Shares of ISRG were down -5.9% at $751.89 per share in mid-afternoon trading today. They had been down -1.1% at $790 per share after hours when the results were released yesterday. The Sunnyvale, Calif.-based robot-assisted surgery technology developer posted […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: coronavirus, COVID-19, Intuitive Surgical

Intuitive Surgical launches $100M venture capital fund

October 27, 2020 By Sean Whooley

Intuitive Surgical (NSDQ:ISRG) announced today that it launched an inaugural $100 million investment fund called Intuitive Ventures. Sunnyvale, Calif.-based Intuitive’s new venture fund is focused on investment opportunities surrounding digital tools, precision diagnostics, focal therapeutics and platform technologies that align with its “commitment to advancing positive outcomes in healthcare,” according to a news release. The investment […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Robotics, Surgical Tagged With: Intuitive Surgical, Intuitive Ventures

Intuitive Surgical up on mixed bag Q3

October 16, 2020 By Sean Whooley

Intuitive Surgical (NSDQ:ISRG) shares ticked slightly up today on third-quarter results that were mixed compared to the consensus forecast. The Sunnyvale, Calif.-based company posted profits of $313.9 million, or $2.60 per share, on sales of $630.6 million for the three months ended Sept. 30, 2020, for a massive bottom-line gain from $68 million in profits this […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: coronavirus, COVID-19, Intuitive Surgical, surgical robotics

Intuitive Surgical sales down more than a fifth in Q2

July 21, 2020 By Chris Newmarker

Intuitive Surgical (NSDQ:ISRG)  posted second-quarter results today that beat Wall Street expectations — but the results still showed how much the COVID-19 pandemic has damaged sales for surgical robotics companies. The Sunnyvale, Calif.-based robot-assisted surgery company — the dominant player in the space — reported profits of $68 million, or $0.57 per diluted share, on sales […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, robot-assisted, surgical robotics

Intuitive Surgical beats The Street on Q1 results, but faces uncertainty for rest of 2020

April 16, 2020 By Chris Newmarker

Intuitive Surgical (NSDQ:ISRG) posted first-quarter results this evening that beat the consensus forecast on Wall Street — but the company cannot reliably estimate the negative effects of the COVID-19 pandemic. The Sunnyvale, Calif.–based robot-assisted surgery giant reported profits of $314 million, or $2.62 per share, on sales of $1.1 billion for the three months ended March […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical, Wall Street Beat

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