Intuitive Surgical beats quarterly estimates on demand for surgical robots
By
Binu Mathew
Intuitive Surgical on Thursday beat Wall Street estimates for fourth-quarter profit and revenue on growing demand for its surgical robots used in minimally invasive procedures.
Shares of the Sunnyvale, California-based company rose 3.3% in after-hours trading.
The medical device maker has seen consistent growth as hospitals work through a backlog of deferred procedures and expand access to minimally invasive care.
