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Home»Finance»Intuitive Surgical stock drops 10%, COVID resurgence hobbles sales
Finance

Intuitive Surgical stock drops 10%, COVID resurgence hobbles sales

January 25, 2023No Comments1 Min Read
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Shares of Intuitive Surgical Inc. ISRG dropped greater than 10% within the prolonged session Tuesday after the maker of surgical robotic programs reported fourth-quarter outcomes barely beneath Wall Avenue expectations and mentioned it positioned fewer of its units throughout the quarter. Intuitive earned $325 million, or 91 cents a share, in contrast with $381 million, or $1.04 a share, within the fourth quarter of 2021. Adjusted for one-time objects, Intuitive Surgical earned $1.23 a share. Income rose 7% to $1.66 billion. FactSet consensus known as for adjusted earnings of $1.25 a share on gross sales of $1.67 billion. The corporate mentioned it was capable of…

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