Intuitive Surgical 3Q Beats Analyst Views
October 19 2021 - 3:50PM
Dow Jones News
By Michael Dabaie
Intuitive Surgical Inc. third-quarter results came in above
analyst expectations.
The technology company involved in minimally invasive care and
robotic-assisted surgery reported third-quarter net income
attributable to the company of $380.5 million, up from $313.9
million in the year-ago period.
Earnings per share came to $1.04, up from 87 cents.
Adjusted EPS was $1.19, beating FactSet consensus for $1.17.
Third-quarter revenue was $1.40 billion, up from $1.08 billion
in the third quarter of 2020. This beat FactSet consensus for $1.38
billion.
The company said it shipped 336 da Vinci Surgical Systems, an
increase of 72% compared with 195 in the third quarter of 2020.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
October 19, 2021 15:35 ET (19:35 GMT)
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