secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTUITIVE SURGICAL INC (ISRG)
CIK:        0001035267
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001035267-24-000203
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Surgical Q2 revenue $2.01B (+14% YoY), GAAP EPS $1.46, non-GAAP $1.78
-------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035267/000103526724000203/0001035267-24-000203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035267/000103526724000203/isrg-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001035267-24-000203

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer