2023-07-20 16:07:55 ET
- Intuitive Surgical press release ( NASDAQ: ISRG ): Q2 Non-GAAP EPS of $1.42 beats by $0.09 .
- Revenue of $1.76B (+15.8% Y/Y) beats by $20M .
- Worldwide da Vinci procedures grew approximately 22% compared with the second quarter of 2022. During the second quarter of 2022, the Company’s procedure volumes were negatively impacted by COVID-19 cases and increased hospitalizations and government interventions impacting parts of Asia, particularly China. The compound annual growth rate between the second quarter of 2019 and the second quarter of 2023 was approximately 17%.
- The Company placed 331 da Vinci surgical systems, compared with 279 in the second quarter of 2022.
- The Company grew its da Vinci surgical system installed base to 8,042 systems as of June 30, 2023, an increase of 13% compared with 7,135 as of the end of the second quarter of 2022.
- Shares -3.76% .
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Intuitive Surgical Non-GAAP EPS of $1.42 beats by $0.09, revenue of $1.76B beats by $20M