DEH

  Image shown: Intuitive Surgical benefits from a razor-razor blade business model and a large installed base. The more systems it places, the more instruments and accessories are sold. We expect clinical applications for robotic-assisted surgeries to continue to increase. Image source: Intuitive Surgical’s second-quarter earnings press release. By Brian Nelson, CFA On Tuesday, July 20, Intuitive Surgical (ISRG) reported excellent second-quarter results for the three months ended June 30, 2021, with revenue up 71.3% and non-GAAP earnings per share exceeding the consensus estimate by $0.86, to $3.92. The company is the pioneer in the robotic-assisted surgery field, and it continues to set the bar with respect to technologies for minimally invasive care. The company’s da Vinci Surgical System is … Read more