Intuitive Surgical (ISRG) reported earnings on Tue 17 Apr 18 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Intuitive Surgical beats by $0.38, beats on revs 

• Reports Q1 (Mar) earnings of $2.44 per share, excluding non-recurring items, $0.38 better than the Capital IQ Consensus of $2.06; revenues rose 25.8% year/year to $848 mln vs the $773.2 mln Capital IQ Consensus.
• Worldwide da Vinci procedures grew approximately 15% compared with the first quarter of 2017, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures (FY18 guidance is in the range of 11-15%).
• The Company shipped 185 da Vinci Surgical Systems compared with 133 in the first quarter of 2017.