Intuitive Surgical Sees Q4 GAAP Revenue Of About $605 Mln - Quick Facts

(RTTNews) - Intuitive Surgical, Inc. (ISRG) announced certain unaudited preliminary fourth quarter and full year 2014 financial results.

For the fourth quarter of 2014, the company expects GAAP revenue of about $605 million, up nearly 5% from $576 million for the fourth quarter of 2013. Full-year GAAP revenue is expected to total around $2.1 billion, down nearly 6% from $2.3 billion for the year ended December 31, 2013.

The firm sees fourth-quarter non-GAAP revenue of some $601 million, excluding approximately $4 million of revenue associated with da Vinci Xi trade-out offers. The unaudited preliminary results are prior to the completion of our annual independent audit and therefore are subject to adjustment.