10.01.2024 16:37:32 - dpa-AFX: Intuitive Surgical Rallies After Announcement Of Preliminary Q4, FY23 Revenue Reports

SUNNYVALE (dpa-AFX) - Shares of Intuitive Surgical, Inc. (ISRG) gained 5% on
Wednesday after announcement of preliminary revenue for fourth quarter and
fiscal year 2023, which was better than the Street estimates.

Currently, Intuitive's stock is moving up by 5.76 percent, to $349.59 from
previous close of $330.56 on a volume of 1,208,470. It has traded in the range
of $222.65 to $358.07 in the past 52-weeks.

For fourth quarter, the company projects revenue of around $1.93 billion, up 17%
from last year, whereas analysts surveyed by Thomson-Reuters expect it to stand
at $1.87 billion.

For full year 2023, the company anticipates revenue of approximately $7.12
billion, up 14% than last year. However, analysts expect revenue of $7.07
billion for the same period.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Intuitive Surgical 888024 NASDAQ 385,450 09.05.24 22:00:10 +5,080 +1,34% 386,600 390,000 381,790 380,370

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