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Intuitive Surgical, a leading provider of robotic-assisted surgical systems, released its third-quarter 2024 earnings report. The report highlights significant growth in da Vinci procedures and system placements, leading to a 17% increase in revenue compared to the same period last year. The company also achieved substantial growth in its installed base of systems, with 379 da Vinci systems placed in the quarter. The report provides a detailed financial summary, including breakdowns of revenue, expenses, and net income, as well as a reconciliation of GAAP and non-GAAP financial measures. Additionally, the report addresses the impact of the COVID-19 pandemic on the company's business and provides insights into the future of Intuitive Surgical's operations.
By ValueVergeIntuitive Surgical, a leading provider of robotic-assisted surgical systems, released its third-quarter 2024 earnings report. The report highlights significant growth in da Vinci procedures and system placements, leading to a 17% increase in revenue compared to the same period last year. The company also achieved substantial growth in its installed base of systems, with 379 da Vinci systems placed in the quarter. The report provides a detailed financial summary, including breakdowns of revenue, expenses, and net income, as well as a reconciliation of GAAP and non-GAAP financial measures. Additionally, the report addresses the impact of the COVID-19 pandemic on the company's business and provides insights into the future of Intuitive Surgical's operations.