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Dec 31, 2019
Intuitive Surgical Q4 2019 Earnings Report
Intuitive Surgical's Q4 2019 earnings were announced, demonstrating growth in revenue, da Vinci procedures, and system placements.
Key Takeaways
Intuitive Surgical announced strong Q4 2019 results, with revenue up 22% year-over-year to $1.28 billion. The company saw growth in da Vinci procedures and system placements, driving increased revenue. GAAP net income was $358 million, or $2.99 per diluted share, while non-GAAP net income was $417 million, or $3.48 per diluted share.
Worldwide da Vinci procedures grew approximately 19% compared to Q4 2018.
The company shipped 336 da Vinci Surgical Systems, a 16% increase compared to Q4 2018.
The da Vinci Surgical System installed base grew to 5,582 systems, a 12% increase year-over-year.
Q4 2019 revenue reached $1.28 billion, a 22% increase compared to Q4 2018.
Revenue by Segment
Forward Guidance
The press release does not contain information regarding forward guidance. Therefore, this section is left blank.
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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