Intuitive Surgical (ISRG) Q4 Non-GAAP Earnings, Revenue Jump

Intuitive Surgical (ISRG) late Tuesday reported a non-GAAP Q4 net income of $1.60 per share, improving on a $1.23 per share adjusted profit during the year-ago period.

Analysts polled by Capital IQ, on average, had been expecting the robotic surgery company to earn $1.49 per share.

Revenue increased to $1.93 billion during the three months ended Dec. 31 from $1.66 billion during the same quarter in 2022.

The analyst consensus had been looking for $1.9 billion in Q4 revenue, according to Capital IQ.

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