Intuitive's Q3 report
Intuitive has shown some advancement despite the lasting Coronavirus pandemia.
- 195 new systems installed, bringig it a total of 5865 globally
- 6 new SP systems, with a total of 58 placements now, 8 in Korea and 50 in the U.S.
- 11 new Ion systems, bringing the installed base to 32
•The
Company grew its da Vinci Surgical System installed base to 5,865
systems as of September 30, 2020, an increase of 8% compared with 5,406
as of the end of the third quarter of 2019.
•Third
quarter 2020 revenue of $1,078 million decreased 4% compared with
$1,128 million in the third quarter of 2019. Third quarter 2020 revenue
included a $23 million decrease in service revenue relating to our
previously announced Customer Relief Program.
•Third
quarter 2020 GAAP net income was $314 million, or $2.60 per diluted
share, compared with $397 million, or $3.33 per diluted share, in the
third quarter of 2019. Third quarter 2020 GAAP net income included
$62 million, or $0.51 per diluted share, of other income related to
unrealized gains on strategic investments.
•Third
quarter 2020 non-GAAP* net income was $334 million, or $2.77 per
diluted share, compared with $409 million, or $3.43 per diluted share,
in the third quarter of 2019.
"There are a whole lots of good reasons to move -- for a customer to move into a Generation 4 system, Xi or X, if they are in a Gen 3 or Gen 2 system and S or Si and Extended Use Instruments are just one of the advantages there.. Extended Use Instruments, next-gen imaging, next-gen advanced instruments, next-gen stapling, vessel sealing, those things are great reasons to upgrade from an Si into Gen 4." (Gary Guthart)
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