Intuitive Surgical Posts Revenue Beat but Stock Falls Amid Growth Concerns
Despite a strong revenue beat and increased robot placements in the U.S., Intuitive Surgical (ISRG) saw its stock fall sharply as investors focused on slower procedure growth. The company reported $2.89 billion in Q2 revenue, up 19% year-over-year, but noted moderation in key domestic procedures to 12%, raising concerns about near-term demand.
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Topics: healthcare technology procedure volume robotics stock performance