Intuitive Surgical, Inc. (NASDAQ:ISRG) third-quarter net income decrease 14%, due to sales of its da Vinci surgical system constantly falling, while revenue fell 7% from a last year.
The detail figures of the company earnings suggest that, its net income were down to$3.99 a share or $157 million, in Q3, in contrast to$4.46 per share or $183 million, with the revenue down fall from $538 million to $499 million. While analyst at FactSet predicted that the firm EPS will be of $3.40, with the revenue of $526.7 million
For the future prospective of the company it has declared the company it is focusing on informing potential clients regarding increasing its abilities for all-purpose surgery, and the cost effectiveness and safety of its brand’s products. Intuitive Surgical, Inc. (NASDAQ:ISRG) shares fell -0.55% to $399.13 in last trading session.
Chipotle Mexican Grill, Inc. (NYSE:CMG) forecast low-single-digit growth for 201 and declared earnings of $2.66 a share or $83.4 million for the Q3 2013. While in Q3 2012 earnings were $2.27 per share, or $72.3 million, but analyst predict it as $2.78 per share. Revenue increase 18% to $826.9 million and FactSet analyst has predicted it as $820.3 million.
The company also declared increase in profit by 15% in this earnings report, due to higher traffic boosted key sales figure. The Denver-based company continues to drawing new consumers with its bowls, burritos, and carefully-polish image as replacement of anti-fast food.
According to Jack Hartung, Chief Financial Officer of the firm informed investors in conference call that the increase in sale will be in the mid-single digit range. He also added the increase is expected to be 3%, 4% or 5% will relay on what turns out with general element inflation.
The company has over 1,500 locations, where its sale boosts to 6.2%. During the Q3, the firm also extended its latest “Sofritas” tofu choice to approximately 25% of its stores, and till the end of 2013 the firm plans to have it in approximately 40% of its stores. Chipotle Mexican Grill, Inc. (NYSE:CMG) shares rose 0.23% to $439.07 in last trading session.
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