2024-04-18 16:06:08 ET
- Intuitive Surgical press release ( NASDAQ: ISRG ): Q1 Non-GAAP EPS of $1.50 beats by $0.08 .
- Revenue of $1.89B (+11.8% Y/Y) beats by $20M .
- The higher first quarter revenue was driven by growth in da Vinci procedure volume and an increase in the installed base of systems.
- Worldwide da Vinci procedures grew approximately 16% compared with the first quarter of 2023.
- The Company placed 313 da Vinci surgical systems, compared with 312 in the first quarter of 2023.
- The Company grew its da Vinci surgical system installed base to 8,887 systems as of March 31, 2024, an increase of 14% compared with 7,779 as of the end of the first quarter of 2023.
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Intuitive Surgical Non-GAAP EPS of $1.50 beats by $0.08, revenue of $1.89B beats by $20M