Biotech Values

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ISRG

>>You did? I could’ve sworn you used an array of assumptions to arrive at an estimate of 11.2% QoQ procedure growth. That’s not exactly what I would call proof.<<

I only used publicly available numbers and calculated the sequential procedure growth. What assumptions do you think I made??


>>why wouldn’t ISRG management simply disclose the actual figure?<<

For the nth time, management often reports on procedure growth, but generally they focus on annual and yoy numbers. That's the way they've done things for the past 9 years. Maybe they have started disclosing more information beginning in 1Q09. It is common for companies to disclose additional metrics beginning with a new year. We can see if they disclose the Q2 procedure number in July. But in any case, the Q4 procedure number was disclosed implicitly, and if you look back at my post where I calculated it, you will be able to verify that this is the case. I made no assumptions; I simply pointed out there were roundoff errors.

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