Intuitive Surgical Q2 revenue $1.76B (+15% YoY), EPS $1.18, procedures +22%

INTUITIVE SURGICAL INC

2023-Q2 EPS reported $2.18 revenue$3,452,100,000

Revenue $1.76B (+15% YoY); GAAP EPS $1.18 vs $0.85; non-GAAP EPS $1.42 vs $1.14.
Worldwide da Vinci procedure volume grew ~22% YoY; compound annual growth from Q2 2019 to Q2 2023 ~17%.
Placed 331 da Vinci systems (vs 279); installed base 8,042 systems (+13% YoY).
Instruments & accessories revenue $1.08B (+20%); systems revenue $393M.
Cash and investments $7.13B, increased $553M during quarter.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTUITIVE SURGICAL INC reported the quarter ended June 30, 2023 results: revenue $1.76 billion, net income $421 million, EPS $1.18 per diluted share.

Period: the quarter ended June 30, 2023
Revenue: $1.76 billion
Net income: $421 million
EPS: $1.18 per diluted share
Result: reported results

Exact text from the filing

• Second quarter 2023 revenue of $1.76 billion increased 15% compared with $1.52 billion in the second quarter of 2022. • Second quarter 2023 GAAP net income attributable to Intuitive was $421 million, or $1.18 per diluted share, compared with $308 million, or $0.85 per diluted share, in the second quarter of 2022.

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Source: SEC EDGAR

accession 0001035267-23-000155

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