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April 17 (Reuters) – Intuitive Surgical Inc on
Tuesday reported higher-than-expected first-quarter profit on
increased sales of its high-priced da Vinci surgical robots and
a rise in procedures using the systems.
The company posted a net profit of $144 million, or $3.50
per share, compared with a profit of $104 million, or $2.59 per
share, a year ago.
Analysts on average expected $3.14 per share, according to
Thomson Reuters I/B/E/S.
Revenue for the quarter jumped 28 percent to $495 million,
topping Wall Street estimates of $464.1 million.
