Intuitive Surgical stock rallies after earnings beat

Intuitive Surgical Inc.

shares surged Tuesday after the surgical robotics company’s quarterly results topped Wall Street estimates. Intuitive Surgical shares rose more than 9% after hours, following a 0.2% rise to close the regular session at $269.28. The company reported first-quarter net income of $355.3 million, or 90 cents a share, compared with $385.6 million, or $1.04 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.

shares surged Tuesday after the surgical robotics company’s quarterly results topped Wall Street estimates. Intuitive Surgical shares rose more than 9% after hours, following a 0.2% rise to close the regular session at $269.28. The company reported first-quarter net income of $355.3 million, or 90 cents a share, compared with $385.6 million, or $1.04 a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.

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