Intuitive Surgical’s stock drops as revenue misses Street view

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Wallace Witkowski came to MarketWatch from the Associated Press in New York, where he covered the business of Big Pharma, after covering FDA regulation of many of the same companies, as well as medical devices, in the Washington, D.C., area.

Intuitive Surgical Inc.

shares fell in the extended session Thursday after the surgical robotics company’s quarterly revenue missed Wall Street estimates. Intuitive Surgical shares fell as much as 8% after hours, following a 0.8% rise to close the regular session at $273.45. The company reported third-quarter net income of $415.7 million, or $1.16 a share, compared with $324.7 million, or 90 cents a share, in the year-ago period.

 

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