Investing.com - Intuitive Surgical (NASDAQ:ISRG) reported first quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.61 on revenue of $973.7M. Analysts polled by Investing.com forecast EPS of $2.71 on revenue of $977.44M. That compared to EPS of $2.44 on revenue of $847.5M in the same period a year earlier. The company had reported EPS of $2.96 on revenue of $1.05B in the previous quarter.
Intuitive Surgical shares lost 4.76% to trade at $502.93 in after-hours trade following the report.
Intuitive Surgical follows other major Healthcare sector earnings this month
On Tuesday, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.62B.
Abbott Labs earnings Beat analysts' expectations on Wednesday, with first quarter EPS of $0.63 on revenue of $7.37B. Investing.com analysts expected EPS of $0.61 on revenue of $7.47B
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