Intuitive Surgical ISRG, makers of the daVinci Surgical System, released its Q1 earnings results after the closing bell, beating Wall Street estimates.
The company reported net income of $104.1 million or $2.59 per share, compared to $85.3 million or $2.12 per share, in the prior year period. This came in ahead of Wall Street consensus EPS estimates of $2.49.
Revenues were up 18% in Q1 to $388.1 million versus $328.6 million in the year ago period. This also beat analysts' consensus estimates of $381.21 million.
In the after hours trading session, ISRG shares have lost 0.74% to $362.00.
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