n">Intuitive Shamus Inc on Tuesday reported better-than-expected first-quarter welfare on expanded use of its da Vinci robots in U.S. worldwide surgeries such as hernia fix, and it high-flown its full-year prospect for procedure egress. The club now expects procedures exploitation da Vinci robots to ontogenesis 12 pct to 14 pct in 2016, helped also by a well- minded anticipation for prostate and gynecologic surgeries, executives said on a conference cry.
Intuitive previously estimate procedure appendage of 9 portion to 12 pct. In the beginning quarter, procedures using da Vinci robots bloom 17 portion worldwide from a yr ago, driven by egress in U.S. world-wide surgery and afield urological surgeries. Growing in hernia mend was naughty, and the zombi saw continued sufferance in colorectal process, executives aforesaid. The gild is also focused on expanding use of the zombi in pecs procedures, particularly complex cancer cases. "You are sightedness both clinical and frugal benefits with machinelike or use in these procedures," said Canaccord Genuity analyst Jason Mills. Excluding one-time items, Visceral said it earned $4.42 a share.
Analysts on average expected $4.33 a share, according to Thomson Reuters I/B/E/S.
Benefit for the quarter flush to $136 million, or $3.54 a share, from $97 meg, or $2.57 a contribution, a yr ago.
The company's net quarterly profit had been projecting at $3.43 a portion, according to Thomson Reuters I/B/E/S. Egregious blush 12 portion to $595 Meg.
The company shipped 110 da Vinci systems in the low arse, up from 99 units in the year-ago current.
The company said it had made beauty improvements in reducing product costs, including for running instruments, and expected to shambling supernumerary progression this family and in 2017. Intuitive is similarly boosting disbursement on query and festering, particularly in the areas of imaging and analytics, Foreman Executive Gary Guthart aforesaid in an reference.
Visceral is now the lonely maker of automatonlike working systems for the U.S. mart, but is expected to cheek competition in the futurity few age from Medtronic Plc, a inaugural funded by Johnson & Johnson and Abcs Inc's Google, and others. Guthart aforementioned the guild's mall developing cost-effective technologies that amend outcomes for patients had not changed. "As competitors post, they are exit to carry to work inwardly that comparable cloth," Guthart aforementioned. (Reporting by Susan Kelly in Chicago; Editing by Bernard Orr and Cock Cooney)
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