earnings
confidence high
sentiment positive
materiality 0.70
Intuitive Surgical Q3 revenue $1.74B (+12%), GAAP EPS $1.16, non-GAAP $1.46; procedures +19%
INTUITIVE SURGICAL INC
2023-Q3 EPS reported
$3.34
revenue$5,195,800,000
- Revenue $1.74B, up 12% YoY; GAAP net income $416M ($1.16/diluted), up from $324M ($0.90) in Q3'22.
- Non-GAAP net income $524M ($1.46/diluted), up from $429M ($1.19) in prior year.
- Worldwide da Vinci procedures grew ~19% vs Q3'22; installed base 8,285 systems (+13% YoY).
- Placed 312 da Vinci systems in Q3 (vs 305 in Q3'22), including 163 under operating leases.
- Instruments & accessories revenue $1.07B (+23%), systems revenue $379M (-11% due to lease mix).