Categories AlphaGraphs, Earnings, Health Care

Infographic: Highlights of Intuitive Surgical’s Q1 2022 earnings

Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) has reported a decline in first-quarter earnings despite a double-digit growth in revenues, hurt by an increase in costs and expenses.

Intuitive Surgical Q1 2022 earnings infographic

Revenues increased 15% year-over-year to $1.49 billion in the first three months of fiscal 2022, driven by a marked increase in da Vinci procedures and system placements.

Meanwhile, adjusted earnings declined to $1.13 per share in the March quarter from $1.17 per share in the corresponding period of last year. Net income, on an unadjusted basis, came in at $365.6 million or $1.00 per share, compared to $426.3 million or $1.17 per share last year.

Worldwide da Vinci procedures rose approximately 19% year-over-year and the company shipped 311 da Vinci Surgical Systems, representing a 4% increase. At the end of the quarter, it had a total of 6,920 da Vinci Surgical System installed base, up 13%.

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top