Intuitive Surgical Inc. saw its stock plunge by 12% after issuing warnings of weakened demand from hospitals. Despite this decline, the company reported first-quarter earnings of $1.13 per share, surpassing analyst estimates but down from $1.17 a year prior. Revenues stood at $1.49 billion, reflecting a decrease, while non-GAAP net income fell to $413 million. While demand for its products remains healthy amidst a challenging environment, the outlook suggests caution moving forward.
“Intuitive Surgical Inc · warned of · weaker demand from hospitals”
“Intuitive Surgical Inc · dropped · percentage · 14.3%”
“Intuitive Surgical · dropped · percentage · 13.5%”
“Intuitive Surgical Inc · tumbled · 12%”
“Intuitive Surgical Inc · beat analyst estimates · when it reported · on its latest quarter”
“Intuitive Surgical Inc · earnings fell · from the previous year”
“Intuitive Surgical · dropped · percentage · 14.3%”
“Intuitive Surgical · dropped after it warned of · weaker demand from hospitals”
“Intuitive Surgical · dropped · demand from hospitals · weaker”
“Intuitive Surgical Inc · tumbled · 12%”
“Intuitive Surgical · is listed on · NASDAQ · ISRG”
“Intuitive Surgical · beat · Wall Street's targets · first quarter”
