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Surgical Science Q2 2024: Solid sequential recovery, decent outlook - Redeye

Redeye updates its estimates following Surgical Science’s Q2 2024 report, which featured a sequential recovery after the company’s weak Q1. Potential large orders in Educational Products might fuel sales growth in H2 2024e and 2025e. Further, Intuitive’s broader da Vinci 5 rollout should boost Industry/OEM growth in 2025e. We finetune our estimates and valuation.

Redeye updates its estimates following Surgical Science’s Q2 2024 report, which featured a sequential recovery after the company’s weak Q1. Potential large orders in Educational Products might fuel sales growth in H2 2024e and 2025e. Further, Intuitive’s broader da Vinci 5 rollout should boost Industry/OEM growth in 2025e. We finetune our estimates and valuation.
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