Continue reading Chasing Value: The amazing Intuitive Surgical

Chasing Value: The amazing Intuitive Surgical originally appeared on BloggingStocks on Fri, 24 Jul 2009 16:20:00 EST. Please see our terms for use of feeds.

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!

Chasing Value: Intuitive Surgical beat the street AGAIN! originally appeared on BloggingStocks on Wed, 23 Jul 2008 10:22:00 EST. Please see our terms for use of feeds.

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

Serious Money: GOOG has blowout quarter -- but ISRG beats it roundly originally appeared on BloggingStocks on Mon, 22 Oct 2007 16:30:00 EST. Please see our terms for use of feeds.