SUNNYVALE (dpa-AFX) - Intuitive Surgical Inc. (ISRG) announced a profit for its fourth quarter that rose from the same period last year.
The company's earnings came in at $365.2 million, or $3.02 per share. This compares with $357.7 million, or $2.99 per share, in last year's fourth quarter.
Excluding items, Intuitive Surgical Inc. reported adjusted earnings of $433.8 million or $3.58 per share for the period.
Analysts had expected the company to earn $3.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.9% to $1.33 billion from $1.28 billion last year.
Intuitive Surgical Inc. earnings at a glance:
-Earnings (Q4): $433.8 Mln. vs. $417.0 Mln. last year. -EPS (Q4): $3.58 vs. $3.48 last year. -Analysts Estimate: $3.12 -Revenue (Q4): $1.33 Bln vs. $1.28 Bln last year.
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