ISRG News

Stocks

ISRG News

Headlines

Headlines

Intuitive Surgical Reports Strong Q4 Earnings and Revenue Growth

Intuitive Surgical exceeds earnings expectations. The company's latest report shows significant growth in both revenue and earnings per share, reflecting a strong financial performance.

Date: 
AI Rating:   8

Overview of Financial Performance

Intuitive Surgical Inc. has reported impressive financial results for the fourth quarter. The company's earnings increased both year-over-year and exceeded analyst expectations.

Earnings Per Share (EPS)

The reported EPS was $1.88, compared to $1.69 for the same period last year, indicating a positive shift. Moreover, the adjusted EPS, which excluded items, rose to $2.21, surpassing the analysts' expectations of $1.79.

Revenue Growth

Revenue for the period rose by 23.4%, amounting to $1.411 billion compared to $1.143 billion in the previous year. This significant growth underscores the company's strong market position and operational effectiveness.