Intuitive Surgical (ISRG) Tops Q2 EPS by 86c, Revenues Beat

Intuitive Surgical (NASDAQ: ISRG) reported Q2 EPS of $3.92, $0.86 better than the analyst estimate of $3.06. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.26 billion.

The Company shipped 328 da Vinci Surgical Systems, an increase of 84% compared with 178 in the second quarter of 2020.
Second quarter 2021 revenue of $1.46 billion increased 72% compared with $0.85 billion in the second quarter of 2020. The compound annual growth rate between the second quarter of 2019 and the second quarter of 2021 was 15%.
Second quarter 2021 non-GAAP* net income was $477 million, or $3.92 per diluted share, compared with $132 million, or $1.11 per diluted share, in the second quarter of 2020.

For earnings history and earnings-related data on Intuitive Surgical (ISRG) click here.

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