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Stockreport

Intuitive Surgical Announces Fourth Quarter Earnings

INTUITIVE SURGICAL (ISRG)  More Company Research Source: GlobeNewswire
Last intuitive surgical earnings: 1/25 04:05 pm Check Earnings Report
PDF SUNNYVALE, Calif., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (NASDAQ:ISRG), a global technology leader in robotic-assisted, minimally invasive surgery, today announced financial results for the quarter ended December 31, 2017. Reported revenue and procedure results are consistent with the Company’s press release on January 10, 2018. Q4 Highlights Worldwide da Vinci procedures grew approximately 17% compared with the fourth quarter of 2016, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures.The Company shipped 216 da Vinci Surgical Systems compared with 163 in the fourth quarter of 2016.Fourth quarter 2017 revenue of $892 million grew approximately 18% compared with $757 million for the fourth quarter of 2016.Fourth quarter 2017 GAAP net loss was $39 million, or $0.35 per diluted share, compared with net income of $204 million, or $1.71 per diluted share, for the fourth quarter of 2016. Fourth quarter 2017 GAAP net loss [Read more]

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