earnings
confidence high
sentiment negative
materiality 0.80
Intuitive Q4 revenue $1.66B (+7%), GAAP EPS $0.91, non-GAAP $1.23; 18% procedure growth, $1B buyback
INTUITIVE SURGICAL INC
2022-FY EPS reported
$3.65
revenue$6,222,200,000
- Revenue $1.66B (+7% YoY); GAAP net income $325M ($0.91/sh) vs $381M ($1.04/sh) in Q4 2021.
- Non-GAAP net income $439M ($1.23/sh) vs $473M ($1.29/sh); global da Vinci procedures up 18% YoY.
- Placed 369 da Vinci systems (-4% YoY); installed base 7,544 (+12%).
- Repurchased $1B of common stock in Q4; cash & investments $6.74B.
- COVID resurgence in China negatively impacted Q4 procedures; litigation charge of $21M.