Intuitive Surgical Plunges After Q2 Financial Results

released its fiscal second-quarter earnings results on Thursday after the closing bell. The company reported both earnings per share and revenue that missed Wall Street analysts' consensus estimates. In late trade, ISRG was last down around 11 percent to $374.50.

Intuitive Surgical reported net income of $159.1 million or $3.90 per share, compared to $154.9 million or $3.75 per share, in last year's corresponding period. This missed analysts' consensus EPS estimates of $4.04. Revenue in the quarter rose to $578.5 million from $536.5 million last year. This also came in below analysts' consensus revenue estimates of $594.58 million.