Intuitive Surgical Inc. Q3 Income Advances 32%

(RTTNews) - Intuitive Surgical Inc. (ISRG) released earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $323.8 million, or $2.77 per share. This was up from $245.7 million, or $2.06 per share, in last year's third quarter.

Analysts had expected the company to earn $1.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 18.0% to $806.1 million. This was up from $682.9 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q3): $323.8 Mln. vs. $245.7 Mln. last year. -Earnings Growth (Y-o-Y): 31.8% -EPS (Q3): $2.77 vs. $2.06 last year. -EPS Growth (Y-o-Y): 34.5% -Analysts Estimate: $1.99 -Revenue (Q3): $806.1 Mln vs. $682.9 Mln last year. -Revenue Change (Y-o-Y): 18.0%