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Intuitive Surgical Inc. Q1 adjusted earnings Beat Estimates

Intuitive Surgical Inc. (ISRG) announced earnings for its first quarter that climbed from last year.

The company's bottom line totaled $287.6 million, or $2.44 per share. This compares with $180.8 million, or $1.57 per share, in last year's first quarter.

Excluding items, Intuitive Surgical Inc. reported adjusted earnings of $287.5 million or $2.44 per share for the period.

Analysts had expected the company to earn $2.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.7% to $847.5 million from $679.6 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q1): $287.5 Mln. vs. $197.0 Mln. last year.
-EPS (Q1): $2.44 vs. $1.71 last year.
-Analysts Estimate: $2.09
-Revenue (Q1): $847.5 Mln vs. $679.6 Mln last year.

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