Intuitive Q2 updates

 
Intuitive Surgical closed a strong quarter - again. Some highlights:
  • total revenue jumping 20% to about $909 million
  • earnings for the quarter rose 14% to $255 million or $2.15 per share
  • Global da Vinci procedures grew about 18% 
  • instrument and accessory revenue higher by about 20%.
  • Intuitive Surgical shipped 220 da Vinci surgical systems 
  • shipments included 44 systems shipped under operating lease arrangements
  • Intuitive added the 60 millimeter SureForm surgical stapler to their product portfolio, with 510(K) clearance this month joining its prior CE Mark
  • the second-generation cut and seal instrument, Vessel Sealer Extend, is in its first quarter of U.S. launch with outstanding customer feedback
  • submitted our 510 (k) for enhanced grasper for hernia repair
  • obtained FDA clearance for our da Vinci SP surgical system for neurologic surgical procedures 
  • finalizing transoral clinical IDE for SP this quarter
  • plan to launch the da Vinci SP in the US in phases with first customer shipments expected to begin late Q3 or early Q4 this year

Image credit: Alpha Street

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