3 Key Takeaways From Intuitive Surgical's Monster Third Quarter
Expectations were fairly strong going into Intuitive Surgical's (NASDAQ: ISRG) Q3, and the company did not disappoint. Revenue grew to $1.13 billion, climbing 23% year over year on the back of impressive growth in surgical procedures using its flagship da Vinci surgical robot. This boosted adjusted earnings per share (EPS) to $3.43, up more than 21% from the $2.83 it generated in the prior-year quarter. Both numbers easily surpassed analysts' consensus estimates, which called for revenue of $1.06 billion and EPS of $2.96.
While knowing the headline metrics is important, investors can gain further insight into the healthcare company by hearing what management has to say on Intuitive Surgical's conference call. Here are three key takeaways that point to a bright future for the robotics pioneer.
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Source Fool.com
