Intuitive Surgical Inc. Q3 2008 Earnings Conference Call Transcript

Oct. 16, 2008 11:01 PM ETIntuitive Surgical, Inc. (ISRG)
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Intuitive Surgical, Inc. (NASDAQ:ISRG) Q3 FY08 Earnings Call October 16, 2008 4:30 PM ET


Benjamin Gong - VP of Finance

Lonnie M. Smith - Chairman and CEO

Marshall L. Mohr - Sr. VP and CFO

Aleks Cukic - VP, Strategy

Gary S. Guthart - President and COO

Jerry McNamara - EVP, Worldwide Sales & Marketing


Sean Levin - Lazard Capital

Tao Levy - Deutsche Bank

David Lewis - Morgan Stanley

Frederick A. Wise - Leerink Swann

MimiPham - JMP Securities

Ed Shenkan - Needham & Co

Amit Hazan - Oppenheimer


Welcome and thank you for standing by. At this time all participants are on a listen-only mode. After the presentation, we will conduct a question-and-answer session. [Operator Instructions]. Today's conference is being recorded. If you have any objection, please disconnect at this time.

And now I would like to introduce your host for today's call Mr. Ben Gong, Vice President of Finance. Sir, you may begin.

Benjamin Gong - Vice President of Finance

Good afternoon and welcome to Intuitive Surgical's third quarter conference call. With me today, we have Lonnie Smith, our Chairman and CEO; Gary Guthart, our President and Chief Operating Officer; Marshall Mohr, our Chief Financial Officer; Aleks Cukic, our Vice President of Strategic Planning and Jerry McNamara, our Executive Vice President, Sales and Marketing.

Before we begin, I would like to inform you that comments mentioned on today's call may be deemed to contain forward-looking statements. Actual results may differ materially from those expressed or implied as a result of certain risks and uncertainties. These risks and uncertainties are described in detail in the company's Securities and Exchange Commission filings. Prospective investors are cautioned not to place undue reliance on such forward-looking statements.

Please note that this conference call will be available for audio

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