Number of the day - 18% growth in procedures

Intuitive Q4 report was published. Some highlights:

•     Worldwide da Vinci procedures grew approximately 18% compared with the fourth quarter of 2023.
•     The Company placed 493 da Vinci surgical systems, compared with 415 in the fourth quarter of 2023. The fourth quarter 2024 da Vinci surgical system placements included 174 da Vinci 5 systems.
•     The Company grew its da Vinci surgical system installed base to 9,902 systems as of December 31, 2024, an increase of 15% compared with 8,606 as of December 31, 2023.
•     Fourth quarter 2024 revenue of $2.41 billion increased 25% compared with $1.93 billion in the fourth quarter of 2023.
•     Fourth quarter 2024 GAAP net income attributable to Intuitive was $686 million, or $1.88 per diluted share, compared with $606 million, or $1.69 per diluted share, in the fourth quarter of 2023.
•     Fourth quarter 2024 non-GAAP* net income attributable to Intuitive was $805 million, or $2.21 per diluted share, compared with $574 million, or $1.60 per diluted share, in the fourth quarter of 2023.
•     Fourth quarter 2024 expenses included a $45 million contribution to the Intuitive Foundation, compared with a $40 million contribution to the Intuitive Foundation in the fourth quarter of 2023.

Source: Intuitive