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Intuitive Surgical (NASDAQ: ISRG) is a healthcare company that makes robotic-assisted surgical devices. Intuitive Surgical's stock has been rallying, and it's up around 60% over the past 12 months.
Medical device makers expect a spurt in demand for elective procedures this year as pandemic-driven restrictions as well as hospital staffing shortages have eased, helping to lift up its sales.
Instead, many are riding a recovery in surgical procedures deferred during the COVID-19 pandemic. ... Intuitive reported fourth-quarter sales of $1.93 billion, above analysts' average estimate of ...
For the fiscal year 2017, Intuitive Surgical reported earnings of US$660 million, with an annual revenue of US$3.129 billion, an increase of 15.7% over the previous fiscal cycle. Intuitive Surgical's shares traded at over $307 per share, and its market capitalization was valued at over US$58 billion in November 2018. [10]
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The agreement gave Intuitive Surgical an equity stake in Hansen and royalties on the future sales of Hansen Medical products. The full financial terms of the agreement were not made public. [3] Hansen Medical went public in 2006, raising $75 million in its initial public offering with two catheter systems under FDA review. The shares ...
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