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$ISRG said 2Q16 instrument and accessory revenue grew by approx. 14% to $339MM versus $297MM in 2Q15, mainly driven by nearly 16% growth in da Vinci procedure volume. Systems revenue increased by about 15% to $203MM compared with $176MM last year. Services revenue grew by 13% to $128.1MM versus $113.3MM in 2Q15.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.