Leerink Partners Raises Price Target on Intuitive Surgical (ISRG) to $710 Following Strong 1Q
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Intuitive Surgical Announces First Quarter Earnings
April 19, 2016 4:05 PM EDTSUNNYVALE, Calif., April 19, 2016 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (NASDAQ: ISRG), the industry leader in robotic-assisted surgery, today announced financial results for the quarter ended March 31, 2016.
Q1 Highlights
Worldwide da Vinci procedures grew nearly 17% compared with the first quarter of 2015, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures.The Company shipped 110 da Vinci Surgical Systems, compared with 99 in the first quarter of 2015.First quarter 2016 revenue of $595 million grew approximately 12% compared with $532 million for the first quarter of... More