Intuitive Surgical Beats Q1 Estimates But Expects …
From Financial Modeling Prep: 2025-04-23 13:46:00
Intuitive Surgical (NASDAQ:ISRG) exceeded first-quarter expectations with adjusted earnings of $1.81 per share, beating forecasts of $1.74. Revenue of $2.25 billion surpassed estimates of $2.19 billion, driven by demand for da Vinci robotic surgery systems. Procedure volume growth is projected between 15% and 17% in 2025, slightly slower than last year’s 17%.
Gross margins for Intuitive Surgical are expected to compress to 65% to 66.5% of revenue, down from 69.1% in 2024, due to tariff-related impacts of around 1.7%. Operating expenses are anticipated to rise 10% to 14%, in line with last year’s levels. The company remains optimistic despite profitability concerns.
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