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Intuitive Surgical's Revenue Dipped: Is It Time to Sell?

TheMotleyFool

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Intuitive Surgical's Revenue Dipped: Is It Time to Sell?: https://g.foolcdn.com/editorial/images/751687/a-person-delivering-a-presentation-getty.jpg

Shares of Intuitive Surgical (NASDAQ: ISRG) dipped this week in response to a third-quarter report that seemed generally positive.

Revenues for the leading manufacturer of robotic-assisted surgical systems climbed 12% year over year to $1.76 billion. Unfortunately, nervous investors were quick to notice that this figure was about $20 million lower than the company recorded during the previous quarter.

Investors concerned that Intuitive Surgical's growth is stalling out knocked the stock down sharply in after-hours trading Thursday, and it was still down by more than 4% when the market opened on Friday.

Source Fool.com

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