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Intuitive Surgical Inc. Q3 Income Advances 38%

Intuitive Surgical Inc. (ISRG) released a profit for its third quarter that increased from last year.

The company said its bottom line came in at $199.2 million, or $5.24 per share. This was up from $144.7 million, or $3.92 per share, in last year's third quarter.

Analysts had expected the company to earn $4.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.4% to $589.7 million. This was up from $534.1 million last year.

Intuitive Surgical Inc. earnings at a glance:

-Earnings (Q3): $199.2 Mln. vs. $144.7 Mln. last year.
-Earnings Growth (Y-o-Y): 37.7%
-EPS (Q3): $5.24 vs. $3.92 last year.
-EPS Growth (Y-o-Y): 33.7%
-Analysts Estimate: $4.23
-Revenue (Q3): $589.7 Mln vs. $534.1 Mln last year.
-Revenue Change (Y-o-Y): 10.4%

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Inflation data from the U.S. garnered maximum attention this week on the economics front, along with the interest rate decision by the European Central Bank. Read our stories to find out how these two key events are set to influence monetary policy in the months ahead. Other main news from the U.S. were the release of the minutes of the latest Fed policy session and the jobless claims data. Elsewhere, the interest rate decision by the Bank of Canada was also in focus.

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