Why Intuitive Surgical (ISRG) Stock Is Soaring Today

NEW YORK (TheStreet) -- Intuitive Surgical  (ISRG) stock is up 14.73% to $449.92 on heavy trading volume, after the manufacturer of da Vinci Surgical Systems reported second quarter earnings of $140.2 million, or $3.73 per share.

Revenue for the quarter was $512.2 million.

That compares to $189 million in net income, or $4.63 per share, and revenue of $579 million for the same quarter a year ago.

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However, the results for the second quarter were higher than analyst estimates of $2.83 per share and $501.7 million in revenue.

 

ISRG Chart ISRG data by YCharts

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