Intuitive Surgical inventory drops 10%, COVID resurgence hobbles gross sales

Shares of Intuitive Surgical Inc. ISRG dropped better than 10% inside the prolonged session Tuesday after the maker of surgical robotic methods reported fourth-quarter outcomes barely under Wall road expectations and acknowledged it positioned fewer of its objects in the course of the quarter. Intuitive earned $325 million, or ninety one cents a share, in contrast with $381 million, or $1.04 a share, inside the fourth quarter of 2021. Adjusted for one-time objects, Intuitive Surgical earned $1.23 a share. income rose 7% to $1.sixty six billion. FactSet consensus acknowledged as for adjusted earnings of $1.25 a share on gross sales of $1.sixty seven billion. the agency acknowledged it was in a place to…


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