Intuitive Surgical’s Q3 2024 Earnings Call: A New Era of Growth
On October 17, 2024, Intuitive Surgical, Inc. (NASDAQ:ISRG) hosted its highly anticipated Q3 2024 earnings conference call, shedding light on the company’s progress and future prospects. The event brought together a stellar lineup of executives, including CEO Gary Guthart, President Dave Rosa, and CFO Jamie Samath, along with Brandon Lamb from Investor Relations.
A Change in Leadership
Before diving into the financials, Brandon Lamb took a moment to acknowledge the departure of Brian King, who had been with the company for nine years. The team wished him well in his new endeavors and announced that a search for his replacement was underway.
Forward-Looking Statements and Risk Factors
As is customary, Lamb reminded listeners that certain comments made during the call might be considered forward-looking statements. He cautioned that actual results could differ materially due to various risks and uncertainties, which are detailed in Intuitive Surgical’s Securities and Exchange Commission (SEC) filings. These filings, including the most recent Form 10-K for the fiscal year ended December 31, 2023, and subsequent reports, can be accessed through the company’s website or the SEC’s website.
The Stage is Set
With the formalities out of the way, the stage was set for Intuitive Surgical’s leadership to share their insights on the company’s Q3 2024 performance and future plans. The call was open to questions from a prestigious group of analysts, including Travis Steed from Bank of America, Larry Biegelsen from Wells Fargo, and Robbie Marcus from JPMorgan, among others. The discussion was moderated by Operator, ensuring a seamless and informative experience for all participants.
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