Intuitive Surgical 3Q Beats Analyst Views

Published: 2021-10-19 15:36:02 ET ISRG

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 [email protected]

(END) Dow Jones Newswires

10-19-21 1535ET