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Intuitive Surgical ISRG -17.73% was in freefall Monday evening, thanks to preliminary quarterly results that fell drastically short of expectations.
The maker of the robotic da Vinci surgical system said it expects second-quarter revenue of $575 million. That would mark a 7% increase from a year ago but is a far cry from the $630 million Wall Street anticipated. Intuitive Surgical expects net income of $160 million, a 3% increase from $155 million in 2012.
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