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Intuitive Surgical stock falls more than 13% after Q2 results fall short
Shares of Intuitive Surgical dropped more than 13% in the extended session Thursday after the maker of surgical robotic systems reported second-quarter results below Wall Street expectations and said that it was able to place fewer of its flagship robotic systems. Intuitive said it earned $308 million, or 85 cents a share, in the quarter, compared with $517 million, or $1.42 a share, in the second quarter of 2021. Adjusted for one-time items, the company earned $1.14 a share. Revenue rose 4% to
