Q2 GAAP net income $308M ($0.85 EPS) down 40% YoY; revenue $1.52B up 4%

INTUITIVE SURGICAL INC

2022-Q2 EPS reported $1.84 revenue$3,009,800,000

Worldwide da Vinci procedures grew ~14% YoY; system placements 279 (down 15%).
Instruments & accessories revenue $895M (+12%); systems revenue $375M (-15%).
Non-GAAP net income $415M ($1.14 per share) vs $475M ($1.30) in Q2 2021.
Repurchased $500M of common stock in Q2; Board increased buyback authorization to $3.5B.
Ended Q2 with $8.18B cash; cash decreased $226M due to buybacks and capex.

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