Intuitive Surgical Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Intuitive Surgical Inc. (ISRG) announced a profit for its second quarter that rose from last year.

The company's profit came in at $517.2 million, or $4.25 per share. This compares with $68.0 million, or $0.57 per share, in last year's second quarter.

Excluding items, Intuitive Surgical Inc. reported adjusted earnings of $477.1 million or $3.92 per share for the period.

Analysts had expected the company to earn $3.06 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 71.8% to $1.46 billion from $0.85 billion last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q2): $477.1 Mln. vs. $132.3M. last year. -EPS (Q2): $3.92 vs. $1.11 last year. -Analysts Estimate: $3.06 -Revenue (Q2): $1.46 Bln vs. $0.85 Bln last year.