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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intuitive Surgical Inc | NASDAQ:ISRG | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.38 | 0.37% | 374.50 | 369.69 | 378.40 | 377.83 | 368.10 | 368.10 | 927,847 | 01:00:00 |
From Apr 2019 to Apr 2024
By Kimberly Chin
Intuitive Surgical Inc. posted higher first-quarter profit as revenue rose 13% driven by an increase in procedures and system placements, as well as higher service and operating-lease revenue.
The maker of the da Vinci Surgical System reported a profit of $313.5 million, or $2.62 a share, up from $306.5 million, or $2.56 a share, in the comparable quarter a year earlier.
Intuitive's adjusted profit was $2.69 a share, up from $2.61 a year ago. Analysts polled by FactSet predicted adjusted earnings of $2.64 a share.
Revenue rose to $1.1 billion from $973.7 million a year ago. Analysts had forecast revenue of $1.05 billion.
The company shipped 237 da Vinci systems in the quarter, up about 1% from a year ago. The installed base of those devices stood at 5,669 systems as of March 31, up roughly 11% from the comparable quarter a year ago.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 16, 2020 16:42 ET (20:42 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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