RTTNews | Oct 19, 2021 04:11PM EDT

16:11 Tuesday, October 19, 2021 (RTTNews.com) - Intuitive Surgical Inc. (ISRG) announced a profit for its third quarter that increased from last year.

The company's bottom line came in at $380.5 million, or $1.04 per share. This compares with $313.9 million, or $0.87 per share, in last year's third quarter.

Excluding items, Intuitive Surgical Inc. reported adjusted earnings of $434.7 million or $1.19 per share for the period.

Analysts had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.6% to $1.40 million from $1.08 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q3): $434.7 Mln. vs. $333.8 Mln. last year.-EPS (Q3): $1.19 vs. $0.92 last year.-Analysts Estimate: $1.17-Revenue (Q3): $1.40 Mln vs. $1.08 Mln last year.

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