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ISRG
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208 days

Intuitive Surgical's Earnings Top Estimates as It Boosts Sales of Surgical Robots

1. Intuitive Surgical's revenue increased 25% to $2.41 billion, exceeding expectations. 2. Earnings rose to $686 million, beating forecasts and last year's figures. 3. da Vinci system installations increased by 19% to 493 units. 4. da Vinci procedures are projected to grow 13%-16% in 2024. 5. Adjusted gross profit margin may drop due to potential tariffs.

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FAQ

Why Bullish?

Strong earnings and revenue growth often lead to stock price increases. Historically, ISRG's positive earnings reports correlate with price rallies.

How important is it?

Earnings significantly influence stock performance, particularly in tech-driven sectors. ISRG's strong Q4 results reflect its market position and growth potential.

Why Short Term?

Recent earnings results typically impact stock prices soon after release. Similar historical patterns show immediate market response to earnings announcements.

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