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 CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,

Should you buy Domino’s Pizza (DPZ) stock ahead of Q3 earnings?

The fast-food industry is among the worst affected by the inflation-induced dip in consumer confidence, which is weighing on the demand for discretionary items. Domino’s Pizza, Inc.  (NYSE: DPZ) is

Infographic: Key highlights from Paychex (PAYX) Q1 2023 earnings results

Paychex Inc. (NASDAQ: PAYX) reported first quarter 2023 earnings results today. Total revenue rose 11% year-over-year to $1.20 billion. Net income grew 14% to $379.2 million, or $1.05 per share,

Add Comment
Viewing Highlight