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Intuitive Surgical Inc  (ISRG)
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    Sector  Healthcare    Industry Medical Equipment & Supplies
 
 

EARNINGS REPORT by CSIMarket

Profit Growth Continues to Advance


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Intuitive Surgical Inc announced first quarter 2017 operating income of $191.5 millions



For the first quarter 2017 profits soared by 31.92 % to $4.67 per share, followed by Sales increase of 13.41 % to $674 millions, compared with the prior year period.

From forth quarter 2016, eps decreased by -8.89 % from $5.13 per share and Sales deteriorated by -10.93 % from $757 millions.

Net income of $180 millions in the first quarter 2017 increased by 31.82 % from net earnings of $136 millions reported in the first quarter 2017 a year ago. Although operating margin fell to 28.4%, in the first quarter 2017, the company's net margin actually improved to 26.67%.

Analysing further company's results, an astounding rise of 45.45% in Domestic System units sold to 80.00 explains the first quarter 2017 performance.
While following 2 indicators decreased catastrofaly: International System units sold -26 %. Worst was: International System units sold.

Intuitive Surgical Inc is expected to report next financial results on April 18, 2019.
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Intuitive Surgical Inc reported forth quarter 2016 earnings

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