Intuitive Surgical (ISRG) Tops Q1 EPS by 14c
Intuitive Surgical (NASDAQ: ISRG) reported Q1 EPS of $5.09, $0.14 better than the analyst estimate of $4.95. Revenue for the quarter came in at $674 million versus the consensus estimate of $666.54 million.
Commenting on the announcement, Dr. Gary Guthart, President and CEO of Intuitive Surgical, said, “We are pleased with broad-based da Vinci procedure growth during the first quarter and are encouraged by trends in key global markets and our U.S. general surgery business. Consistent with our mission, we strive to make surgery more effective, less invasive and easier on surgeons, patients and their families by actively engaging hospitals and surgical teams.”
Da VinciSurgical Systems shipped were 133 vs. 110 in Q1 2016.
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