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Mar 31, 2021
Intuitive Surgical Q1 2021 Earnings Report
Intuitive Surgical's Q1 2021 financial results were announced, demonstrating growth in revenue, da Vinci procedures, and system placements.
Key Takeaways
Intuitive Surgical announced strong first-quarter results, with revenue reaching $1.29 billion, an 18% increase compared to the first quarter of 2020. The growth was driven by increased da Vinci procedures and system placements. GAAP net income was $426 million, or $3.51 per diluted share.
Worldwide da Vinci procedures grew approximately 16% compared with the first quarter of 2020.
The Company shipped 298 da Vinci Surgical Systems, an increase of 26% compared with the first quarter of 2020.
The Company grew its da Vinci Surgical System installed base to 6,142 systems as of March 31, 2021, an increase of 8% compared with the first quarter of 2020.
First quarter 2021 revenue of $1.29 billion increased 18% compared with the first quarter of 2020.
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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