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Intuitive Surgical Announces Fourth Quarter Earnings
Jan. 25, 2018 03:19PM PST
Medical Device InvestingIntuitive Surgical (NASDAQ:ISRG) a global technology leader in robotic-assisted, minimally invasive surgery, today announced financial results for the quarter ended December 31, 2017. Reported revenue and procedure results are consistent with the Company’s press release on January 10, 2018. As quoted in the update: Worldwide da Vinci procedures grew approximately 17% compared with the fourth quarter of 2016, …
Intuitive Surgical (NASDAQ:ISRG) a global technology leader in robotic-assisted, minimally invasive surgery, today announced financial results for the quarter ended December 31, 2017. Reported revenue and procedure results are consistent with the Company’s press release on January 10, 2018.
As quoted in the update:
- Worldwide da Vinci procedures grew approximately 17% compared with the fourth quarter of 2016, driven primarily by growth in U.S. general surgery procedures and worldwide urologic procedures.
- The Company shipped 216 da Vinci Surgical Systems compared with 163 in the fourth quarter of 2016.
- Fourth quarter 2017 revenue of $892 million grew approximately 18% compared with $757 million for the fourth quarter of 2016.