Intuitive Surgical, Inc. (NASDAQ:ISRG) Q3 2021Earnings Conference Call October 20, 2021 4:30 PM ET Company Participants Jamie Samath – Senior Vice President of Finance Gary Guthart – CEO Marshall Mohr – CFO Brian King – Treasurer Conference Call Participants Amit Hassan – Goldman Sachs Larry Biegelstein – Wells Fargo Bob Hopkins – Bank of America Tycho Peterson – JPMorgan Rick Wise – Stifel Matt Taylor – UBS Vijay Kumar – Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the ...

Intuitive Surgical, Inc. (NASDAQ:ISRG) Morgan Stanley 19th Annual Global Healthcare Conference September 14, 2021 2:45 PM ET Corporate Participants Jamie Samath - Senior Vice President of Finance Phil Kim - Head of IR Conference Call Participants Drew Ranieri - Morgan Stanley Drew Ranieri Thank you everyone for joining us today for the Morgan Stanley Healthcare Conference, I’m Drew Ranieri, one of the medical device analyst here from Intuitive Surgical. I'm excited to have SVP of Finance, Jamie Samath and P ...

Intuitive Surgical, Inc. (NASDAQ:ISRG) Wells Fargo 2021 Virtual Healthcare Conference September 10, 2021 12:40 PM ET Company Participants Marshall Mohr - Executive Vice President and Chief Financial Officer Philip Kim - Head of Investor Relations Conference Call Participants Larry Biegelsen - Wells Fargo Securities, LLC Operator Welcome to the Wells Fargo Healthcare Conference. Before we get started, if you’re a member of the press or media, please disconnect at this time. This is a restricted line. Any una ...

Intuitive Surgical, Inc. (NASDAQ:ISRG) Q2 2021 Earnings Conference Call July 20, 2021 4:30 PM ET Company Participants Calvin Darling - Senior Director of Finance and Investor Relations Gary Guthart - Chief Executive Officer Marshall Mohr - Executive Vice President and Chief Financial Officer Jamie Samath - Senior Vice President of Finance Conference Call Participants Tycho Peterson - JPMorgan Chase & Co. Robert Hopkins - Bank of America Merrill Lynch Amit Hazan - Goldman Sachs Group, Inc. Lawrence Biegelsen ...

Intuitive Surgical, Inc. (NASDAQ:ISRG) Goldman Sachs 42nd Annual Global Healthcare Conference June 9, 2021 1:20 PM ET Company Participants Philip Kim – Head-Investor Relations Marshall Mohr – Intuitive Executive Vice President and Chief Financial Officer Conference Call Participants Amit Hazan – Goldman Sachs Amit Hazan [Call Starts Abruptly] medical technology analyst at Goldman, this is day two of the conference. And, as always, one of the most exciting presentations that we have every year is talking to ...

Summary of Intuitive Surgical, Inc. Annual Shareholders Meeting Company Overview - **Company**: Intuitive Surgical, Inc. (NASDAQ: ISRG) - **Date of Meeting**: April 22, 2021 - **Participants**: Craig Barratt (Chairman), Gary Guthart (CEO), and other board members and management team members [1][2][3][4][5][6] Key Points Discussed Industry and Market Performance - **Procedures**: Over 1.2 million procedures performed in 2020, with a final count of almost 1.25 million [18] - **Installed Systems**: 936 da Vinci systems placed in 2020, with a total installed base of approximately 6,000 systems [18] - **Clinical Studies**: Over 3,000 peer-reviewed clinical journal articles published in 2020, totaling over 24,000 publications [18] - **Market Recovery**: Recovery in the use of da Vinci systems as COVID-19 impacts decline, with a 16% growth in Q1 2021 compared to the previous year [22][23] Financial Performance - **Revenue Growth**: 18% revenue growth in Q1 2021 compared to Q1 2020 [25] - **Future Opportunities**: Estimated 6 million procedures annually that could utilize current products, compared to 1.25 million performed in 2020, indicating significant growth potential [25][26] - **Operating Expenses**: Expected growth in operating expenses between 18% and 22% for the fiscal year [48] Product Development and Innovation - **New Technologies**: Introduction of augmented reality programs (Iris) for preoperative imaging and a single-port system that has seen a 64% year-over-year growth in procedures [38][40] - **Ion System**: Flexible bronchoscopy system (Ion) designed for lung cancer diagnosis, with demand exceeding initial supply capabilities [42][43] - **Investment Philosophy**: Focus on organic innovation, operational efficiencies, and partnerships to enhance product offerings and market reach [44][45] Customer Engagement and Satisfaction - **Net Promoter Score**: Strong customer perception measured by Net Promoter Score, indicating high satisfaction even during the pandemic [35][36] - **Customer Support**: Initiatives to support customers during the pandemic, including financial relief programs and flexible capital arrangements [36][37] Challenges and Risks - **Supply Chain Issues**: Global supply chain stresses, particularly for semiconductor chips, could impact future guidance and operational capabilities [49] - **Regulatory Delays**: Lengthening regulatory timelines for new product clearances in the U.S. and Europe [21] Future Outlook - **Guidance**: Full-year procedure growth expected between 22% and 26%, contingent on the pandemic's trajectory [48] - **Long-term Vision**: Commitment to minimally invasive care as a durable solution, with ongoing investments in innovation and customer relationships [49] Additional Important Information - **Meeting Structure**: The meeting included formal business proposals, including the election of directors and approval of executive compensation [10][12][13] - **Voting Results**: All proposals, including the election of directors and compensation approval, received sufficient affirmative votes [15][14] This summary encapsulates the key discussions and insights from the Intuitive Surgical, Inc. Annual Shareholders Meeting, highlighting the company's performance, strategic direction, and market challenges.

Intuitive Surgical, Inc. (NASDAQ:ISRG) Q1 2021 Earnings Conference Call April 20, 2021 4:30 PM ET Company Participants Philip Kim - Head, Investor Relations Gary Guthart - Chief Executive Officer Marshall Mohr - Chief Financial Officer Jamie Samath - Senior Vice President, Finance Conference Call Participants Amit Hazan - Goldman Sachs Larry Biegelsen - Wells Fargo Bob Hopkins - Bank of America Tycho Peterson - JP Morgan Rick Wise - Stifel Richard Newitter - SVB Leerink Matt Taylor - UBS Operator Ladies and ...