BOOMSAUCE !!!

How's the Boomsauce flowing in Texas these days???

 

Idiot.

 

have to admit it is pretty funny given the childish "motivation" and incessant emails

 

Have any more bottles been handed out at meetings????? Perhaps after the latest performance it will be Tobasco packets!!!

 

Due tell
What is boom sauce
And please say it is some managers way of motivation.
And what pharma company did they work for prior?

 

Oh, it was quite motivational !!! I actually think they worked as a waiter ( in kidding ) in a prior job.

BOOM - sauce!!!

 

And he is a ChemE.

 

BOOM- Sause!!!

 

How's the sauce flowing?

 

Why are you trying to put lip stick on this Intuitive pig. Most of the Wall street articles for today announcement also say this:

Intuitive posted third-quarter net profit of $123.7 million, or $3.35 per share, compared with profit of $157 million, or $3.99 per share, a year ago, marking a sixth consecutive quarter of declining profit for the formerly fast-growing company.



Again declining profits. there's your fucking boomsauce

 

Intuitive posted third-quarter net profit of $123.7 million, or $3.35 per share, compared with profit of $157 million, or $3.99 per share, a year ago, marking a sixth consecutive quarter of declining profit for the formerly fast-growing company.

NOTE THE DECLINING PROFITS FOR THE LAST CONSECUTIVE QUARTERS, Hey how much di the stock go up today? lmao oh I know

Open
484.15 High
498.66 Low 475.00 Close 485.00

thats what you call boomsauce?

 

Really? Read the whole report....do you understand GAAP? And why revenues have been down? Or did you go to some pathetic community college and a crap state school. Look at the posts year after year on hear and it's the same BS. We are still here and growing. Why haven't we fallen yet? Hmmmm let me guess your reply..."just wait until you have competition". How about this....what will you say when J&j buys us or another robotic company? That it's still a waste? Computer assisted surgery definitely doesn't make sense in this day and age.

Go eat a trochar...and spend your nights bashing your future employer.

 

The BOOMSAUCE is making a few of you angry!

 

Reasons Behind Intuitive Surgical's Financial Disturbances And Growth Opportunities 10/21/2014


Summary

1. This year so far, Intuitive Surgical hasn't managed to keep up with its usually excellent financial performance. Revenue, net income and EPS suffered a year-on-year decrease.

2. The company has had to face a lot of negative publicity, along with significant costs, owing to a number of lawsuits that had been filed against it.

3. There has been a growing concern lately around whether robotic surgery is even essential for certain procedures. Intuitive has reported there are over 76 product Liability lawsuits currently pending against them.

REF: The whole article


Negative publicity due to lawsuits:

ISRG has had to face a lot of negative publicity, along with significant costs, owing to a number of lawsuits that had been filed against it. In a report filed with the Securities and Exchange Commission in February, the company revealed that it was named as a defendant in around 76 product liability lawsuits. On April 8, the company announced that a total of $67 million charge was made against its earnings in 2014 to settle an "unspecified" number of product liability lawsuits. This amount is a significant amount as compared to its net income for the second quarter, which was $140 million. This negative publicity, along with the significant costs that the company had to incur as a result of these lawsuits led to a deterioration in its overall performance.
Its sales have also been impacted:

Lately, there has been a growing concern regarding whether robotic surgery is even essential for certain procedures. The American Congress of Obstetricians and Gynecologists raised concerns regarding the limited expertise available for the operation of da Vinci Systems, and that the surgeons learning how to operate this technology may have higher complication rates. Apart from this, concerns regarding the cost-effectiveness of the technology were also raised. According to critics, there are more cost-effective alternatives to minimally invasive surgery that can be chosen over the extremely costly da Vinci Systems. These factors, combined with the impact of the Affordable Care Act on the spending priorities of hospitals in the U.S. have been significantly affecting the company's overall sales. Sales fell, as a result of which it saw an 11.5% y-o-y decline in revenues. The revenue from Instruments and Accessories fell from $265 million in 2013 to $213 million in 2014, while Systems revenue fell from $216 million in 2013 to $144 million in 2014. The Services segment was the only one that saw an increase in revenue of around 9% from the same quarter in the previous year. The second-quarter operating income operating income decreased to $143 million from $219 million in the second quarter of 2013. This fall in sales, therefore, means a fall in the overall revenue generation of the company, leading to all the financial problems mentioned earlier. For ISRG to be able to increase its sales once again, it is of paramount importance that it expands to new markets.

 

The top line of Intuitive Surgical 's third-quarter earnings report looked pretty good. Revenue was up 10% on the back of a 10% increase in the number of procedures performed on its machines. The company placed 111 da Vinci Surgical Systems, compared with 101 in the year-ago quarter, an increase of -- you guessed it -- 10%.

So where did gross profits come in? Not 10%. More like a measly 1% year-over-year increase.

Source: Intuitive Surgical.

Gross margin fell to 65.6% in the third quarter. Gross margins have been slipping steadily for the past few years, from 72.1% in 2012 to 70.4% in 2013, but the third quarter sets a new bottom, 1.6 percentage points lower than the second quarter. On a pro forma basis the drop was even worse, coming in at 2 percentage points

Read more: http://www.fool.com/investing/general/2014/10/21/intuitive-surgical-incs-margins-go-under-the-knife.aspx#ixzz3Gq4gQ0LT

 

Stock price: ISRG (NASDAQ) $481.81 -13.96 (-2.82%)
Oct 22, 4:00 PM EDT - Hmmm seems to be going down again...

 

Intuitive Surgical

Stock price: ISRG (NASDAQ) $478.08 -7.45 (-1.53%)

 

No one is forcing you to invest in ISRG. If you don't like what you see, invest somewhere else. If you don't believe in the technology, then have your surgery done with another technique.

If you're playing Woodward and Bernstein and looking for some grand conspiracy or some piece of data that will have shut ISRG's doors, you're sadly naive. Newsflash: no technology is perfect, and pateints get hurt in surgery for a variety of reasons. Equipment fails and surgeon skills vary.

It's easy to throw scuds from the cheap seats. Put your money where your mouth is and actually contribute. At the very least, quit boring everyone else with your whining. Your act has grown thin.

 

Fucking idiots from Intuitive... Their only talking points they have left is, "It's all the doctors fault, other companies equipment break too, patients get hurt is surgery". So lets recap here... Over 9800 Maude reports and it's all the doctors fault, they all suck and are making the same mistakes hurting people. However, Intuitive set aside 77 million to cover product liability lawsuits, because Intuitive is not responsible. HMMMMM really?

By the way, I am shorting the stock. Started shorting at 535 ... Where did it close yesterday?


Stock price: ISRG (NASDAQ) $478.01 -7.52 (-1.55%)
Oct 24, 4:00 PM EDT -

 

Nothing to see here:

...."Intuitive said that after an extended mediation process with plaintiffs’ counsel, it “determined that in light of the costs and risks of litigation, settlement of certain claims is appropriate.” It said its estimate is based on negotiations with plaintiffs’ counsel covering about 3,000 claims submitted beginning in October 2012.".... LexisNexis