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Intuitive Surgical (ISRG) Q4 Earnings Top, Margins Expand
Intuitive Surgical, Inc. ISRG reported adjusted earnings per share (EPS) of $3.48 in the fourth quarter of 2019, beating the Zacks Consensus Estimate of $3.26. Adjusted EPS improved 17.6% year over year.
The Zacks Rank #1 (Strong Buy) company recorded revenues of $1.28 billion, which improved 22.1% from the prior-year quarter. The figure also outpaced the Zacks Consensus Estimate of $1.23 billion.
2019 Results at a Glance
Intuitive Surgical’s 2019 revenues totaled $4.48 billion, beating the Zacks Consensus Estimate of $4.44 billion. The figure improved 20.3% from 2018.
Adjusted EPS was $12.76, surpassing the consensus mark of $12.57 and rising 16.1% year over year.
The company’s Instruments & Accessories sales were $2.41 billion (53.8% of net revenues), Systems revenues were $1.35 billion (30%) and Services revenues grossed $724.2 million (16.2%).
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https://finance.yahoo.com/news/intuitive...12079.html
![[Bild: ISRGc1dl1545.png]](https://finviz.com/publish/012420/ISRGc1dl1545.png)
Intuitive Surgical, Inc. ISRG reported adjusted earnings per share (EPS) of $3.48 in the fourth quarter of 2019, beating the Zacks Consensus Estimate of $3.26. Adjusted EPS improved 17.6% year over year.
The Zacks Rank #1 (Strong Buy) company recorded revenues of $1.28 billion, which improved 22.1% from the prior-year quarter. The figure also outpaced the Zacks Consensus Estimate of $1.23 billion.
2019 Results at a Glance
Intuitive Surgical’s 2019 revenues totaled $4.48 billion, beating the Zacks Consensus Estimate of $4.44 billion. The figure improved 20.3% from 2018.
Adjusted EPS was $12.76, surpassing the consensus mark of $12.57 and rising 16.1% year over year.
The company’s Instruments & Accessories sales were $2.41 billion (53.8% of net revenues), Systems revenues were $1.35 billion (30%) and Services revenues grossed $724.2 million (16.2%).
...
https://finance.yahoo.com/news/intuitive...12079.html
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