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Intuitive Surgical stock rallies after earnings beat

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Intuitive Surgical Inc. shares surged Tuesday after the surgical robotics company’s quarterly results topped Wall Street estimates. Intuitive Surgical shares...

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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