(RTTNews) - Intuitive Surgical Inc. (ISRG) revealed a profit for its first quarter that increased compared to the same period last year.
The company said its bottom line rose to $170.3 million, or $4.42 per share. This was up from $134.6 million, or $3.57 per share, in last year's first quarter.
Analysts had expected the company to earn $4.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 11.7% to $594.5 million. This was up from $532.1 million last year.
Intuitive Surgical Inc. earnings at a glance:
-Earnings (Q1): $170.3 Mln. vs. $134.6 Mln. last year.
-Earnings Growth (Y-o-Y): 26.5%
-EPS (Q1): $4.42 vs. $3.57 last year.
-EPS Growth (Y-o-Y): 23.8%
-Analysts Estimate: $4.33
-Revenue (Q1): $594.5 Mln vs. $532.1 Mln last year.
-Revenue Change (Y-o-Y): 11.7%