secwatch.observer — SEC 8-K summary
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Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001035267-22-000081
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Surgical Q1 revenue $1.49B (+15%), GAAP EPS $1.00 vs $1.17 YoY
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- da Vinci procedures grew ~19% YoY; compound annual growth from Q1 2019 was ~15%.
- Placed 311 systems (+4% YoY); installed base reached 6,920 systems (+13% YoY).
- GAAP net income $366M vs $426M YoY; non-GAAP net income $413M vs $427M.
- Cash and investments $8.40B, down $218M in quarter on share repurchases and capex.
- Company cited COVID resurgence as headwind but customer demand healthy per CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000081/0001035267-22-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526722000081/isrg-20220421.htm
  HTML page:      https://secwatch.observer/filing/0001035267-22-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer