Medtech Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Earnings In Brief

This article was originally published in The Gray Sheet

Executive Summary

Intuitive Surgical Q2: Sales for da Vinci robotic surgical system maker increased 13% to $247 million in the second quarter, driven by a 52% growth in procedures, the firm reported July 22. Intuitive sold 76 da Vinci systems in the quarter, including 47 da Vinci S.I. systems. S.I., launched in the first quarter and features improved vision, an enhanced user interface and dual console capability, according to the company. With the slowdown in spending by hospitals, Intuitive is not providing a sales forecast for the remainder of 2009, but says it expects overall procedure growth to exceed 45%. Despite its reliance on revenues from expensive capital equipment, Intuitive's sales growth has not been greatly impacted by the recent credit crisis (1"The Gray Sheet" Oct. 27, 2008)
Advertisement

Related Content

Topics

Advertisement
UsernamePublicRestriction

Register

MT027704

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel