Market Movers

Medical robot maker’s results disappoint

A da Vinci robot at St. Elizabeth’s Medical Center.

Yoon S. Byun/Globe Staff/File 2012

A da Vinci robot at St. Elizabeth’s Medical Center.


Intuitive Surgical projected second-quarter results below analyst expectations, saying sales of its da Vinci Surgical System robots were hurt by increased pressure on hospitals and slower growth of gynecological procedures. The company posted preliminary results of $575 million in revenue, compared to $537 million a year earlier. Net income is estimated at $160 million, versus $155 million. Intuitive sold 143 da Vinci systems in the quarter, down from 150 a year earlier.

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