Intuitive Surgical, Inc. (ISRG) reported a robust 25% rise in preliminary revenues for the fourth quarter, alongside a 17% increase in full-year revenue compared to the previous year. The company, renowned for its advancements in minimally invasive care and robotic-assisted surgery, anticipates its quarterly preliminary revenue to be approximately $2.41 billion, a significant jump from the $1.93 billion recorded for the same period last year. The firm also highlighted an 18% increase in its da Vinci surgical procedures for the quarter, compared to the previous year.
For the full fiscal year 2024, Intuitive Surgical projects its revenue to reach $8.35 billion, an impressive leap from the $7.12 billion reported in the prior year. Looking towards 2025, the company forecasts a global rise in da Vinci procedures, estimating an increase of about 13% to 16%.
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