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Intuitive Surgical Inc. (NASDAQ: ... Goldman Sachs adds that further robotic surgery adoption and new product launches should drive 17.0%/18.8% sales and EPS growth through 2028.
Instead, many are riding a recovery in surgical procedures deferred during the COVID-19 pandemic. Intuitive beats estimates as rebound in surgeries boost demand for its robots Skip to main content
For the fiscal year 2017, Intuitive Surgical reported earnings of US$660 million, with an annual revenue of US$3.129 billion, an increase of 15.7% over the previous fiscal cycle. Intuitive Surgical's shares traded at over $307 per share, and its market capitalization was valued at over US$58 billion in November 2018. [10]
Intuitive Surgical is best known for the da Vinci system, a robotic-assisted surgery (RAS) device that allows physicians to perform various procedures, from kidney removals to hernia repairs.
One of the most significant advancements in this period was the da Vinci Surgical System, which was approved by the FDA for use in surgical procedures in 2000 (Intuitive Surgical, 2021). The da Vinci system uses robotic arms to manipulate surgical instruments, allowing surgeons to perform complex procedures with greater accuracy and control. [9]
The agreement gave Intuitive Surgical an equity stake in Hansen and royalties on the future sales of Hansen Medical products. The full financial terms of the agreement were not made public. [3] Hansen Medical went public in 2006, raising $75 million in its initial public offering with two catheter systems under FDA review. The shares ...
Image source: The Motley Fool. Intuitive Surgical (NASDAQ: ISRG) Q3 2024 Earnings Call Oct 17, 2024, 4:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Reiley has built products for surgical robotic systems at Intuitive Surgical, space robotic systems at Lockheed Martin, and self-driving cars at drive.ai. [3]She was an instructor at Johns Hopkins University, co-teaching intersession courses Haptics For Surgical Robotics (2006) and Developing Facebook Apps (2009).