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Intuitive Surgical slides hard but beats The Street in Q3

Thu, 10/17/2013 - 5:44pm
Mass Device

Robot-assisted surgical systems maker Intuitive Surgical blew away Wall Street's Q3 per-share earnings estimates, even amid a challenging quarter and a 14% slide in profits.

Intuitive Surgical beats The Street, even as sales slide in Q3

California medical device maker Intuitive Surgical (NSDQ:ISRG) managed to tromp analysts' expectations during its 3rd quarter, even as the company wrangles with the public relations nightmare growing out of a series of patient injury lawsuits.

Intuitive beat Wall Street's expectations by a whopping 59¢ per diluted share, even as Q3 sales dropped 7.2% and profits dropped 14.5%.

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