Robotic Surgery Resurgence Boosts ISRG Stock.

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Source: Investor's Business Daily
Robotic Surgery Resurgence Boosts ISRG Stock.
Photo: Investor's Business Daily
TL;DR

Intuitive Surgical, the leader in robotic surgery, reported a 26% surge in procedures completed using its da Vinci system during the first quarter of 2021, beating expectations and pushing ISRG stock up 8.8%. Revenue from instruments and accessories climbed 22% to $986 million, driven by the strong increase in da Vinci procedures. Despite Covid-19 negatively impacting procedure volumes in China, Intuitive Surgical's overall revenue jumped 14% to $1.7 billion.

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