Intuitive Surgical Announces Preliminary Fourth Quarter and Full Year 2014 Results

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Intuitive Surgical (ISRG) Prelim. Q4 Revenue Exceeds Expectations

January 13, 2015 8:33 AM EST

Intuitive Surgical (NASDAQ: ISRG) announced certain unaudited preliminary fourth quarter and full year 2014 financial results ahead of its participation at the 33rd Annual JP Morgan Healthcare Conference on January 13, 2015, in San Francisco, California.

The Company expects GAAP revenue for the fourth quarter of 2014 of approximately $605 million, up approximately 5% from $576 million for the fourth quarter of 2013. (The Street is at Q4 revs of $587.5 million.) The Company expects GAAP revenue for the year ended December 31, 2014 to total approximately $2.1 billion, down approximately 6% from $2.3 billion for the year ended December 31, 2013. (The Street was modeling FY14 revs of $2.12... More