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Wednesday, April 8, 2020

Intuitive Surgical yanks guidance amid COVID-19 headwinds

Citing COVID-disruptions that have dampened da Vinci procedure growth, especially in mid-March onward, Intuitive Surgical (NASDAQ:ISRG) has withdrawn its 2020 financial and procedure guidance.
On a preliminary basis, global da Vinci procedures in Q1 were up ~10% from a year ago (procedures were up ~19% in Q4 2019). It shipped 237 da Vinci systems in the quarter, up 2 units from last year.
Management will host its Q1 earnings call on Thursday, April 16, after the close.
https://seekingalpha.com/news/3559317-intuitive-surgical-yanks-guidance-amid-covidminus-19-headwinds

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