Intuitive Surgical Shares Hit 52-Week High After 3Q Earnings, Revenue Beat Expectations

By MarketWatch | Oct 18, 2024 at 11:07 AM EST

Intuitive Surgical's stock surged 9% to $516.38 after surpassing analyst expectations in its third-quarter earnings report. The medical technology company's revenue and earnings exceeded estimates, with a 18% growth in da Vinci procedures. Additionally, they reported a substantial increase in cash reserves.

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