Intuitive Surgical (ISRG) Prelim. Q4 Revenue Exceeds Expectations

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Intuitive Surgical Announces Preliminary Fourth Quarter and Full Year 2014 Results

January 13, 2015 8:30 AM EST

SUNNYVALE, Calif., Jan. 13, 2015 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (Nasdaq: ISRG), the industry leader in robotic-assisted surgery, today 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 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... More