Number of the day - 110 new systems

Intuitive has placed 110 new da Vinci 5 systems at hospitals in the last quarter. Impressive! Since first debuting the multiport da Vinci 5 this past March, with its force feedback controls, 188 units have helped perform more than 12,000 procedures, according to CEO Gary Guthart.

More highlights from their Q3 report:

•     Worldwide da Vinci procedures grew approximately 18% compared with the third quarter of 2023.
•     The Company placed 379 da Vinci surgical systems, compared with 312 in the third quarter of 2023. The third quarter 2024 da Vinci surgical system placements included 110 da Vinci 5 systems.
•     The Company grew its da Vinci surgical system installed base to 9,539 systems as of September 30, 2024, an increase of 15% compared with 8,285 as of the end of the third quarter of 2023.
•     Third quarter 2024 revenue of $2.04 billion increased 17% compared with $1.74 billion in the third quarter of 2023.
•     Third quarter 2024 GAAP net income attributable to Intuitive was $565 million, or $1.56 per diluted share, compared with $416 million, or $1.16 per diluted share, in the third quarter of 2023.
•     Third quarter 2024 non-GAAP* net income attributable to Intuitive was $669 million, or $1.84 per diluted share, compared with $524 million, or $1.46 per diluted share, in the third quarter of 2023.
•     In October 2024, the Company obtained regulatory clearance in South Korea for the da Vinci 5 surgical system for use in urologic, general, gynecologic, thoracoscopic, thoracoscopically-assisted cardiotomy, and transoral otolaryngology surgical procedures.

Source: Intuitive