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Intuitive Surgical Inc ISRG

Intuitive Surgical, Inc. develops, manufactures, and markets the da Vinci surgical system and the Ion endoluminal system. The Company's products and related services enable physicians and healthcare providers to access minimally invasive care. The da Vinci surgical system consists of a surgeon console or consoles, a patient-side cart, and a high-performance vision system. The da Vinci products fall into five categories, namely da Vinci surgical systems, da Vinci instruments and accessories, da Vinci Stapling, da Vinci Energy, and da Vinci Vision, including Firefly Fluorescence imaging systems and da Vinci Endoscopes. It also provides a comprehensive suite of systems, learning, and services offerings. The Ion endoluminal system consists of a system cart, a controller, a catheter, and a vision probe. It extends its commercial offerings beyond surgery into diagnostic procedures, enabling minimally invasive biopsies in the lung. Both systems use software, instruments, and accessories.


NDAQ:ISRG - Post by User

Post by GoldenArmon Jul 22, 2022 10:10am
118 Views
Post# 34842867

Earnings are out

Earnings are out
Both revenue and earnings are down due to chip and parts shortages affecting sales of equipment and also capex pressures on hospitals which are facing labour shortages, higher labour costs and price increases due to Biden/DNC induced inflation.

However business is solid and so is their tech. Next gens are taking longer due to regulatory pressures but demand is strong. I see nothing but good thing in the future. SP is down and hurting those that bought when it was a $300/shr stock. I believe it to be a good buying opportunity.

Do you due dilignece before buying or selling.
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