Intuitive Surgical Inc. Q1 Income Advances 15%

(RTTNews) - Intuitive Surgical Inc. (ISRG) announced a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $196.0 million, or $5.09 per share. This was higher than $170.3 million, or $4.42 per share, in last year's first quarter.

Analysts had expected the company to earn $4.93 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.4% to $674.2 million. This was up from $594.5 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q1): $196.0 Mln. vs. $170.3 Mln. last year. -Earnings Growth (Y-o-Y): 15.1% -EPS (Q1): $5.09 vs. $4.42 last year. -EPS Growth (Y-o-Y): 15.2% -Analysts Estimate: $4.93 -Revenue (Q1): $674.2 Mln vs. $594.5 Mln last year. -Revenue Change (Y-o-Y): 13.4%