U.S. Stock Movement | Intuitive Surgical surged over 16% with Q3 revenue growth of 23%

On Wednesday, Intuitive Surgical surged over 16%, closing at $537.86. The financial report showed that Intuitive Surgical's revenue for the third quarter reached $2.51 billion, a 23% increase from $2.04 billion in the third quarter of 2024; GAAP net profit was $704 million, with diluted earnings per share of $1.95, compared to $565 million and $1.56 in the same period last year; non-GAAP net profit was $867 million, with diluted earnings per share of $2.40, compared to $669 million and $1.84 in the same period last year. Looking ahead, the company expects a global growth rate of approximately 17% to 17.5% for da Vinci surgical system procedures in 2025, compared to 17% in 2024; the non-GAAP gross margin is expected to be between 67% and 67.5% of revenue, compared to 69.1% in 2024, with this range including approximately 0.7% revenue impact from tariffs (fluctuating by 10 basis points); the non-GAAP operating expense growth rate is expected to be between 11% and 13%, compared to 10% in 2024