|Credit: Intuitve Surgical|
Intuitive Surgical, Inc. founded 1995 designs, manufactures, and markets da Vinci surgical systems for various surgical procedures, including urologic, gynecologic, cardiothoracic, general, and head and neck surgeries. Approximately 360,000 da Vinci® procedures were performed in 2011 (+29%) at the 2,132 da Vinci® Systems installed world wide as of end 2011.
Total revenue grew to $1 billion 757 million, up 24% over 2010. Recurring revenue grew to $980 million, up 30% and comprised 56% of total revenue. The company generated $831 million in operating profit before non-cash stock compensation expense, up 24% from last year.
ISGR Stock Chart 2000-2011