If surgical robot pioneer Intuitive Surgical (NASDAQ: ISRG )
is going to keep its heady med-tech growth stock multiple, it has to
do better than this. After logging just 4% revenue growth in 2013,
Intuitive's announcement of a 24% drop to start 2014 is certainly not a
step in the right direction. Some of the trouble may well be from
transitory issues like weather and delays tied to hospitals awaiting new
product rollouts, but Wall Street is not a forgiving place when high
multiple growth stories stop delivering that growth.
Read more here:
What's Behind Intuitive Surgical Inc's Revenue Miss?
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