Categories AlphaGraphs, Earnings, Health Care
ISRG Earnings: Intuitive Surgical Q3 2023 revenues and earnings increase
Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the third quarter of 2023, reporting higher revenues and adjusted profit.
Third-quarter net profit, excluding one-off items, increased to $1.46 per share from $1.19 per share last year. Unadjusted net income was $416 million or $1.16 per share in Q3, compared to $324 million or $0.90 per share in the same period of the prior year.
The company reported net revenues of $1.74 billion for the September quarter, which is up 12% from the year-ago period. Worldwide da Vinci procedures grew approximately 19% compared with the third quarter of 2022.
“We are pleased by our customers’ continued adoption of da Vinci surgery and their acceptance and use of our Ion and SP platforms. We continue to focus on supporting their needs through the pursuit of expanded indications, delivering excellence in quality and supply, and increasing our productivity,” said Gary Guthart, Intuitive’s CEO.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024
