3 Important Takeaway's From Intuitive Surgical's Latest Quarter

There was a lot to like when Intuitive Surgical (NASDAQ: ISRG) reported financial results for the 2018 second quarter. Revenue of $909 million increased 20% year over year, beating analysts' consensus estimates of $876 million. Adjusted earnings per share of $2.76 grew 38% compared to the prior-year quarter, beating expectations of $2.50 per share. The company shipped 220 da Vinci surgical systems during the quarter, growing its installed base to more than 4,500 worldwide, and the number of surgical procedures performed increased by 18% compared to the year-ago quarter.While the company reported all the usual metrics in its earnings release, Intuitive Surgical revealed much more on the conference call to discuss the results with investors.Image source: Intuitive Surgical. Continue reading

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