Intuitive Surgical Inc. Q3 Income Advances 38%

(RTTNews) - Intuitive Surgical Inc. (ISRG) released a profit for its third quarter that increased from last year.

The company said its bottom line came in at $199.2 million, or $5.24 per share. This was up from $144.7 million, or $3.92 per share, in last year's third quarter.

Analysts had expected the company to earn $4.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.4% to $589.7 million. This was up from $534.1 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q3): $199.2 Mln. vs. $144.7 Mln. last year. -Earnings Growth (Y-o-Y): 37.7% -EPS (Q3): $5.24 vs. $3.92 last year. -EPS Growth (Y-o-Y): 33.7% -Analysts Estimate: $4.23 -Revenue (Q3): $589.7 Mln vs. $534.1 Mln last year. -Revenue Change (Y-o-Y): 10.4%