Categories AlphaGraphs, Earnings, Health Care
ISRG Earnings: Intuitive Surgical Q2 profit jumps on strong revenue growth
Medical device company Intuitive Surgical, Inc. (NASDAQ: ISRG) announced operating results for the second quarter of 2024, reporting higher revenues and adjusted profit.
Second-quarter net profit, excluding one-off items, climbed to $1.78 per share from $1.42 per share last year. Unadjusted net income was $526.9 million or $1.46 per share in Q2, compared to $420.8 million or $1.18 per share in the same period of the prior year.
The company reported net revenues of $2.0 billion for the June quarter, which is up 14% from the year-ago period. Worldwide da Vinci procedures grew approximately 17% compared with the second quarter of 2023.
“Our business was healthy this quarter, and we are pleased by feedback on da Vinci 5 as well as the continued adoption of SP and Ion. We remain focused on delivering the goals we share with our customers, centered on improving patient outcomes,” 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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
