Intuitive Surgical Shares Drop After Hours as $450 Million Charge Overshadows Q3 Beat
Shares fell sharply after hours despite third-quarter revenue of $3.05 billion, up 22% year over year, as investors focused on a $450 million antitrust settlement and a more measured growth outlook.
Intuitive Surgical (NASDAQ: ISRG) shares fell sharply in after-hours trading, even as the company exceeded Wall Street expectations for the third quarter. Investors focused on a $450 million antitrust settlement and a more measured growth outlook. The robotic-surgery company posted Q3 revenue of $3.05 billion, a 22% increase from…