(RTTNews) - Intuitive Surgical Inc. (ISRG) announced earnings for its third quarter that increased compared to the same period last year.
The company said its bottom line came in at $245.7 million, or $6.19 per share. This was higher than $199.2 million, or $5.24 per share, in last year's third quarter.
Analysts had expected the company to earn $5.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 15.8% to $682.9 million. This was up from $589.7 million last year.
Intuitive Surgical Inc. earnings at a glance:
-Earnings (Q3): $245.7 Mln. vs. $199.2 Mln. last year.
-Earnings Growth (Y-o-Y): 23.3%
-EPS (Q3): $6.19 vs. $5.24 last year.
-EPS Growth (Y-o-Y): 18.1%
-Analysts Estimate: $5.13
-Revenue (Q3): $682.9 Mln vs. $589.7 Mln last year.
-Revenue Change (Y-o-Y): 15.8%