Intuitive Surgical Q4 2023 revenue $1.93B (+17% YoY), GAAP EPS $1.69, procedures up 21%

INTUITIVE SURGICAL INC

2023-FY EPS reported $5.03 revenue$7,124,100,000

Revenue $1.93B (+17% vs $1.66B Q4 2022); GAAP net income $606M ($1.69/diluted share).
Non-GAAP net income $574M ($1.60/diluted share) vs $439M ($1.23) a year ago.
Worldwide da Vinci procedures grew ~21% YoY; placed 415 systems (vs 369).
Installed base 8,606 systems (+14% YoY); instruments revenue $1.14B (+22%).
CE mark obtained for da Vinci SP system in Europe; commercial rollout planned for 2024.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

INTUITIVE SURGICAL INC reported the quarter ended December 31, 2023 results: revenue $1.93 billion, net income $606 million, or $1.69 per diluted share, EPS $1.69 per diluted share.

Period: the quarter ended December 31, 2023
Revenue: $1.93 billion
Net income: $606 million, or $1.69 per diluted share
EPS: $1.69 per diluted share
Result: reported results

Exact text from the filing

installed base to 8,606 systems as of December 31, 2023, an increase of 14% compared with 7,544 as of the end of the fourth quarter of 2022. • Fourth quarter 2023 revenue of $1.93 billion increased 17% compared with $1.66 billion in the fourth quarter of 2022. • Fourth quarter 2023 GAAP net income attributable to Intuitive was $606 million, or $1.69 per diluted

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Source: SEC EDGAR

accession 0001035267-24-000009

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