Intuitive's strong numbers


Last quarter results of Intuitive were announced last week.
  • "Global da Vinci procedures up ~17%.
  • Shipments of da Vinci systems up 24% to 273.
  • Installed base: 5,270 (+12.9%).
  • The company repurchased roughly 400,000 shares at an average price of $477 per share.
  • Intuitive Surgical ended the quarter with $5.1 million in cash and investments. 
  •  Of the systems placed, 74% were the da Vinci Xi, while 20% were the da Vinci X.
  • A total of 34 Sp (single port) systems have been placed globally, with the greatest concentration being in Korea -- where doctors have clearance to use the tool in a range of applications. This is one of Intuitive's newest platforms and because there's only a single port, it offers an even more less-invasive option.
  • on -- which helps analyze lesions for lung cancer -- was in use in three locations and had been used for 50 procedures. The platform will be commercialized later this year, but will likely not contribute meaningfully to sales this year."
More about the company in this Forbes article

Source: Fool.com

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