Intuitive Surgical Profit, Revenue Rise in 1Q
By Adriano Marchese
Intuitive Surgical Inc. on Tuesday reported a rise in profit in
the first quarter, benefiting from higher revenue in the
The company--which develops, manufactures, and markets medical
robotic products-- said earnings per share were $3.51, up from
$2.62 in the comparable quarter a year ago.
Net income was $426.3 million, compared with $313.5 million a
Adjusted earnings were $3.52 a share. According to FactSet,
analysts were expecting $2.64 a share.
Total revenue rose to $1.29 billion from $1.10 billion.
The company said that worldwide da Vinci procedures grew 16%
compared with the first quarter of 2020, and that it shipped 298 of
its surgical systems in the period, up from 237 in the prior year
Intuitive Surgical shares rose 3% to $836 in after-hours
Write to Adriano Marchese at firstname.lastname@example.org
(END) Dow Jones Newswires
April 20, 2021 16:34 ET (20:34 GMT)
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