Intuitive Surgical (ISRG.O), opens new tab beat Wall Street estimates for second-quarter profit and revenue on Tuesday, driven by growing demand for its surgical robots used in minimally invasive procedures.<\/p>\n
A steady rise in demand for elective surgeries has contributed to higher procedure volumes for medical device makers such as Intuitive Surgical in recent quarters.<\/p>\n
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\nThe company, known for its da Vinci robotic systems, has seen consistent growth as hospitals work through a backlog of deferred procedures and expand access to minimally invasive care.<\/p>\n
The medical device maker slightly raised its adjusted gross profit margin forecast for 2025 to between 66% and 67% of revenue, up from earlier estimates of 65% to 66.5%.<\/p>\n
The updated range includes an estimated impact from tariffs of 1% of revenue, plus or minus 20 basis points, Intuitive said, compared to previously estimated impact of 1.7% of revenue, plus or minus 30 basis points.<\/p>\n
Shares of the Sunnyvale, California-based company fell 1.5% in after-hours trading.<\/p>\n
More than 80% of the instruments and accessories for the company’s da Vinci system are produced at Intuitive’s facility in Mexico, while the company also operates in China and other international markets.<\/p>\n
Intuitive’s worldwide da Vinci procedure volumes rose about 17% compared to the same quarter last year.
\nThe company expects global da Vinci-assisted procedures to increase by about 15.5% to 17% in 2025, up from its prior forecast of 15% to 17%.<\/p>\n
On an adjusted basis, the medical device maker earned $2.19 per share for the quarter ended June 30, beating analysts’ estimates of $1.92 per share, according to LSEG data.<\/p>\n
The company reported revenue of $2.44 billion for the second quarter, compared to analysts’ estimates of $2.35 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"
Intuitive Surgical (ISRG.O), opens new tab beat Wall Street estimates for second-quarter profit and revenue on Tuesday, driven by growing demand for its surgical robots used in minimally invasive procedures. A steady rise in demand for elective surgeries has contributed to higher procedure volumes for medical device makers such as Intuitive Surgical in recent quarters. […]<\/p>\n","protected":false},"author":2,"featured_media":1104,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[187],"class_list":{"0":"post-1103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sitefansalaran-industry-news","8":"tag-intuitive-surgical-reports-upbeat-quarterly-earnings-on-strong-demand-for-surgical-robots"},"yoast_head":"\n