Read
- Special Report: Syria's Islamists seize control as moderates dither
- Angelina Jolie stunt double sues News Corp over hacking
- Global shares firm, dollar steady before Fed decision
- Kanye West wins over critics with 'daring' new album 'Yeezus'
- Journalist who brought down U.S. general is killed in Los Angeles car crash
Sponsored Links
Intuitive Surgical 4th quarter profit rises
* 4th quarter EPS $4.25 vs Street view $4.04
* Revenue rose 23 percent to $609 million
Jan 22 (Reuters) - Intuitive Surgical Inc reported higher-than-expected fourth-quarter profit on Tuesday on increased sales of its da Vinci surgical robots and a rise in procedures using the pricy machines.
The company reported a net profit of $175 million, or $4.25 per share, compared with a profit of $151 million, or $3.75 per share, a year ago. Analysts on average expected $4.04 per share, according to Thomson Reuters I/B/E/S.
Revenue rose 23 percent to $609 million, exceeding Wall Street forecasts of $584.4 million, driven by the sale of 175 da Vinci systems in the quarter at a price of about $1.5 million each and procedure growth of 25 percent.
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters