earnings
confidence high
sentiment positive
materiality 0.80
Intuitive Surgical Q2 revenue $2.01B (+14% YoY), GAAP EPS $1.46, non-GAAP $1.78
INTUITIVE SURGICAL INC
2024-Q2 EPS reported
$2.97
revenue$3,900,500,000
- Revenue $2.01B (+14% YoY); GAAP net income $527M ($1.46 EPS), non-GAAP $641M ($1.78 EPS).
- Worldwide da Vinci procedures grew ~17% vs Q2 2023; placed 341 systems (incl. 70 da Vinci 5).
- Installed base grew 14% to 9,203 systems; instruments & accessories revenue $1.24B (+16%).
- Cash and investments $7.68B, up $360M in quarter; no COVID disruption in H1 2024.
- CEO cites healthy business, positive feedback on da Vinci 5 and adoption of SP and Ion.