Shares of Intuitive Surgical (
ISRG) - Get Report were higher on Wednesday after the medical-equipment company s first-quarter results topped estimates and analysts at Piper Sandler increased their price target.
Analyst Adam Maeder affirmed a neutral rating on the Sunnyvale, Calif., company while lifting the investment firm s price target to $840 a share from $735. Despite some lingering COVID-19 impact in the quarter, the company posted healthy
mid-teens procedure growth and a better-than-expected quarter from a robot placement
perspective driven in part by more operating leases, Maeder said.
Intuitive s earnings of $3.52 a share topped Wall Street expectations of $2.64 a share in a FactSet survey. First-quarter revenue of $1.29 billion rose 18% and beat analyst expectations of $1.11 billion.
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SILK ROAD MEDICAL INC (SILK) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
SILK ROAD MEDICAL INC (NASDAQ: SILK)
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Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Silk Road Medical s 2020 Fourth Quarter Earnings Call. [Operator Instructions] After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Ms. Caroline Paul of Investor Relations. Thank you. Please go ahead, madam.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including lis
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Operator
Good afternoon, my name is Katherine and I ll be your conference operator today. At this time, I would like to welcome everyone to the Nevro s Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions]
I would now like to turn the call over to Julie Dewey for introductory remarks. Thank you. Please go ahead.
Julie Dewey
Vice President, Investor Relations & Corporate Communications
Good afternoon and welcome to Nevro s fourth-quarter 2020 earnings conference call. We appreciate you joining us. I am Julie Dewey, Nevro s VP of IR, and Corporate Communications. With me today are Keith Grossman, Chairman, CEO, and President, and Rod MacLeod, Chief Financial Officer.
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Operator
Good day, ladies and gentlemen, and thank and welcome to the LivaNova PLC Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions]
I would now like to introduce your host for today s conference, Mr. Matthew Dodds, LivaNova s Senior Vice President of Corporate Development. Please go ahead, sir.
Matthew Dodds
Senior Vice President, Corporate Development
Thank you, Catherine. And welcome to our conference call and webcast discussing LivaNova s financial results for the fourth quarter and full year 2020. Joining me on today s call are Damien McDonald, our Chief Executive Officer; Alex Shvartsburg, our Interim Chief Financial Officer; and Melissa Farina, our Vice President of Investor Relations.
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