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Chasing Value: The amazing Intuitive Surgical

Anybody reading Bloggingstocks.com for any length of time will know that I have been following Intuitive Surgical, Inc. (NASDAQ: ISRG) since its beginning.

Yesterday the company reported strong top and bottom line growth, with profits of $1.62 per share, about 37 cents ahead of analyst estimates, and its revenue of $260.6 million was $30.6 million greater than expected. Intuitive also raised its forecast for procedures performed using da Vinci systems, which can lead to increased sales.

Continue reading Chasing Value: The amazing Intuitive Surgical

Chasing Value: Intuitive Surgical beat the street AGAIN!

My favorite company, Intuitive Surgical Inc. (NASDAQ: ISRG), the maker of the da Vinci Surgical System reported earnings Tuesday afternoon that creamed Street guesstimates by 10 cents per share. Intuitive posted earnings per share of $1.28 versus analyst consensus of $1.18.

For the 23rd quarter in a row, just like clockwork and without missing a beat, Intuitive's top and bottom line growth simply ignored the global economy, blazing its own trail. I wonder how ISRG would have done if the economy was not in the dumps?

Overall, second quarter revenue shot up 56% from $142.2 million to $219.2 million. Instruments and accessories revenue increased 61% to $73.6 million from $45.8 million. Training revenue increased 44% to $29.4 million from $20.3 million during the second quarter of 2007.

Lonnie Smith, Chairman and CEO of Intuitive Surgical, said, "We are pleased with our second quarter revenue and earnings growth. These results reflect the continued adoption of the da Vinci Surgical System platform across a broadening group of surgical procedures."

Continue reading Chasing Value: Intuitive Surgical beat the street AGAIN!

Serious Money: GOOG has blowout quarter -- but ISRG beats it roundly

Hey there Google Inc. (NASDAQ: GOOG) fans, congratulations on another fantastic earnings report. But I wouldn't be too smug if I were you.

Amazingly, there is a company out there that did even better. That company is Intuitive Surgical (NASDAQ: ISRG).

While Google is getting most of the press, this rapidly growing company is not just "high-tech"... it may be the "highest-tech" stock in the market, or close to it. ISRG, which makes robotic surgical equipment, beat Google last year, it trounced it this year, and it is highly likely it will surpass it next year.

Looking at a chart for the past three years it may be shocking to some investors to imagine anything leaving Google in its dust...but Intuitive Surgical has, take a gander:


Continue reading Serious Money: GOOG has blowout quarter -- but ISRG beats it roundly

Symbol Lookup
IndexesChangePrice
DJIA+19.7310,453.44
NASDAQ+6.412,175.59
S&P 500+2.811,108.46

Last updated: November 25, 2009: 10:12 AM

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