Loading...
Market
How many da Vinci surgical systems will Intuitive Surgical Inc. place in Q3 2024?
2
Resolution / Starting Odds
Below 300 • 25%
300 to 350 • 25%
350 to 400 • 25%
Above 400 • 25%
Intuitive Surgical Inc.'s Q3 2024 earnings report
Story
Intuitive Surgical Q2 Earnings Beat Estimates with 14% Revenue Growth, Stock Up 7%
Jul 18, 2024, 08:13 PM
Intuitive Surgical Inc. (ISRG) reported strong second quarter 2024 earnings, surpassing analyst expectations. The company posted an EPS of $1.78, exceeding the estimated $1.54, and revenue of $2.01 billion, surpassing the forecasted $1.97 billion. This represents a 14% increase from the $1.76 billion revenue in the same quarter of 2023. The GAAP net income was $527 million, or $1.46 per diluted share, compared to $421 million in the previous year. Non-GAAP net income stood at $641 million. The company placed 341 da Vinci surgical systems, including 70 da Vinci 5 systems, increasing its installed base to over 9,000 units. Worldwide da Vinci procedures grew approximately 17% year-over-year. Following the earnings report, Intuitive Surgical's stock rose by 7% in after-hours trading. The company's market cap stands at $148.08 billion.
View original story
Similar markets
Below 15% • 25%
15% to 20% • 25%
20% to 25% • 25%
Above 25% • 25%
Top 5 • 25%
6th to 10th • 25%
11th to 15th • 25%
Below 15th • 25%
Outperform • 33%
Underperform • 33%
Match • 34%
Less than 50 • 25%
50-100 • 25%
101-200 • 25%
More than 200 • 25%
Yes • 50%
No • 50%
Less than 10% • 25%
10%-25% • 25%
25%-50% • 25%
More than 50% • 25%
Less than $10 million • 25%
$10 million - $50 million • 25%
$50 million - $100 million • 25%
More than $100 million • 25%
Yes • 50%
No • 50%
None • 25%
1 to 2 • 25%
3 to 4 • 25%
More than 4 • 25%