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Intuitive Surgical share [Symbol: ISRG / ISIN: US46120E6023]

10/17/2013 04:43:49 PM
10/17/2013 04:43:49 PM UTC-0400

Intuitive Surgical Q3 Profit Declines - Quick Facts


(RTTNews) - Intuitive Surgical, Inc. (ISRG) reported third-quarter net income of $156.8 million or $3.99 per share, compared to $183.3 million or $4.46 per share, last year.

On average, 19 analysts polled by Thomson Reuters expected the company to report per share of $3.40 for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $499.0 million, from $537.8 million, a year ago. Analysts expected revenue of $525.99 million for the quarter.

Gary Guthart, President and CEO of Intuitive Surgical, said, "Our third quarter results were impacted by the same pressures we faced in the first half of the year - namely, moderating growth in benign gynecology, combined with changing hospital capital spending priorities associated with the implementation of the Affordable Care Act."

Analyst Opinions for Intuitive Surgical Inc

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11/20/12
Intuitive Surgical Stifel, Nicolaus & Co., Inc.
10/31/12
Intuitive Surgical Barrington Research
10/22/12
Intuitive Surgical Banc of America Securities-Merrill Lynch
10/18/12
Intuitive Surgical Raymond James Financial, Inc.
06/29/12
Intuitive Surgical Fuchsbriefe

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