Intuitive Surgical Delivers Strong Q1 Results with Revenue and Profit Growth
Monday, 22 April 2024, 12:52
Intuitive Surgical's Q1 Earnings Report Highlights:
Intuitive Surgical, Inc. (NASDAQ: ISRG) reported a surge in profits for the first quarter of 2024. The company witnessed a substantial increase in net profit and revenues.
Key Financial Figures:
- Net Profit: Excluding one-off items, net profit rose to $1.50 per share from $1.23 per share in the previous year.
- Revenue Growth: Net revenues reached $1.89 billion, an 11% increase from the same period last year.
- Procedure Growth: Worldwide da Vinci procedures grew by approximately 16% compared to Q1 2023.
CEO Gary Guthart expressed optimism about the company's performance and highlighted the successful launch of da Vinci 5, as well as the adoption of SP and Ion products.
Prior Performance:
The positive earnings report from Intuitive Surgical underscores the company's commitment to innovation and improving patient outcomes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.