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ISRG: Solid Numbers, Tariff Concerns

TheMotleyFool

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ISRG: Solid Numbers, Tariff Concerns: https://g.foolcdn.com/editorial/images/826281/intuitive-surgical-robotics-surgery-davinci.jpg

Here's our initial take on Intuitive Surgical's (NASDAQ: ISRG) financial report.

Robotic surgery pioneer Intuitive Surgical posted another solid quarterly beat, growing revenue by 20% and earnings per share by 23% in the most recent quarter. The company continues to see strong demand for its machines and strong usage once they are installed, driving a beat.

The company placed 395 of its da Vinci systems in the quarter, up 16% from a year ago, and the number of high-end da Vinci 5 systems more than doubled to 180. At the end of the quarter, Intuitive had an installed base of 10,488 systems, up from 9,203 a year ago.

Source Fool.com