Intuitive Surgical Sees 4% Rise In Q4 Revenue : vimarsana.com

Intuitive Surgical Sees 4% Rise In Q4 Revenue


Intuitive Surgical Sees 4% Rise In Q4 Revenue
SUNNYVALE (dpa-AFX) - Intuitive Surgical Inc. (ISRG) expects fourth quarter 2020 revenue of about $1.33 billion, an increase of 4% from the prior year's $1.28 billion. Analysts polled by Thomson Reuters expect the company to report revenues of $1.23 billion for the fourth-quarter. Analysts' estimates typically exclude special items.
Fourth quarter 2020 worldwide da Vinci procedures increased about 6% compared with the fourth quarter of 2019, reflecting continued disruption caused by the COVID-19 pandemic.
The company shipped 326 da Vinci Surgical Systems in the fourth quarter of 2020, compared with 336 in the fourth quarter of 2019.
The company expects 2020 revenue of about $4.36 billion, a decrease of 3% compared with $4.48 billion in 2019. Analysts expect annual revenues of $4.27 billion.

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