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Intuitive Surgical Inc - ISRG STOCK NEWS

Welcome to our dedicated news page for Intuitive Surgical (Ticker: ISRG), a resource for investors and traders seeking the latest updates and insights on Intuitive Surgical.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Intuitive Surgical's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Intuitive Surgical's position in the market.

Rhea-AI Summary
Intuitive announced the election of Lewis Chew to its Board of Directors, while Alan Levy, PhD, and Don Kania, PhD, retired from the Board. Chew, a former CFO at Dolby Labs, brings extensive experience in global organizations and technologies. Levy and Kania, long-serving members, praised Intuitive's commitment to innovation. Chew's appointment signals a strategic move towards enhancing minimally invasive care.
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Intuitive, a global technology leader in robotic-assisted surgery, announced impressive first-quarter financial results for 2024. The company reported 16% growth in worldwide da Vinci procedures, placed 313 da Vinci surgical systems, and increased its installed base to 8,887 systems. Revenue reached $1.89 billion, up by 11% from the previous year. The company also obtained CE mark certification for the da Vinci single-port surgical system and FDA clearance for da Vinci 5. Financially, revenue increased by 11%, with instruments and accessories revenue up by 18%. Systems revenue was $418 million. GAAP net income was $545 million, and non-GAAP net income was $541 million. The company ended the quarter with $7.32 billion in cash, cash equivalents, and investments.
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Sonder Capital appoints Kate Garrett as Managing Partner, with Co-founders assuming Co-chair roles as the firm closes its second early stage fund, Sonder Futures II. Garrett brings extensive experience and success in healthcare innovation, leading the firm into its next growth phase.
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Intuitive (NASDAQ:ISRG) receives FDA clearance for da Vinci 5, a next-generation multiport robotic system, with over 150 enhancements including improved accuracy, next-gen 3D display, force-sensing technology, meaningful workflow enhancements, expanded computing power, and greater surgeon comfort.
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Intuitive (ISRG) reported strong financial results for Q4 2023, with a 17% increase in revenue to $1.93 billion. The company also saw a 21% growth in da Vinci procedures and placed 415 da Vinci surgical systems, leading to a 14% increase in the installed base. GAAP net income was $606 million, and non-GAAP net income was $574 million. The company obtained CE mark certification for the da Vinci single-port surgical system, planning to commercialize it in select major European countries throughout 2024. The impact of the COVID-19 pandemic on the company's procedure volumes was minimal in Q4 2023.
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Intuitive Surgical, Inc. (ISRG) announced unaudited preliminary fourth quarter and full year 2023 financial results. Fourth quarter 2023 worldwide da Vinci procedures grew approximately 21% compared with the fourth quarter of 2022. Full year 2023 worldwide da Vinci procedures grew approximately 22% compared with 2022. Preliminary fourth quarter 2023 revenue of approximately $1.93 billion increased 17% compared with $1.66 billion in the fourth quarter of 2022. Preliminary 2023 revenue of approximately $7.12 billion increased 14% compared with $6.22 billion in 2022. The Company expects worldwide da Vinci procedures to increase approximately 13% to 16% in 2024.
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10.25%
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Intuitive, a global technology leader in minimally invasive care and robotic-assisted surgery, has appointed Sreelakshmi Kolli, EVP and CDO at Align Technology, to its board of directors. Kolli brings expertise in technology, business growth, and strategy. She will provide insights on digital capabilities and customer experiences in advancing minimally invasive care. With Kolli's addition, the board of directors will expand to 12 members.
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Intuitive announces Q3 financial results with strong growth in da Vinci procedures and revenue
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Intuitive Surgical Inc

Nasdaq:ISRG

ISRG Rankings

ISRG Stock Data

136.39B
350.08M
0.53%
88.24%
0.96%
Surgical Appliance and Supplies Manufacturing
Manufacturing
Link
US
Sunnyvale

About ISRG

Intuitive Surgical, Inc. is an American corporation that develops, manufactures, and markets robotic products designed to improve clinical outcomes of patients through minimally invasive surgery, most notably with the da Vinci Surgical System. The company is part of the NASDAQ-100 and S&P 500.