| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Intuitive Surgical, Inc. |
| 1340 W. Middlefield Road, Mountain View, CA 94043 * (650) 237-7000 |
| The company designs and manufactures proprietary products which it believes represents a fundamentally new generation of technology for surgery. |
| Manager | Tier | Phone |
| Morgan Stanley Dean Witter Discover & Co. | Lead Manager | (212) 761-5900 |
| Bear, Stearns & Co. Inc. | Co-manager | (212) 272-4850 |
| BT Alex Brown | Co-manager | (410) 727-1700 |
| NASNTL: | ISRG | Manufacturing: | SIC 3842 | |
| Type of Shares: | Common Shares | Filing Date: | 4/22/98 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $50,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Post-IPO Shares: | ||
| Employees: | 100 |
| Issuer's Law Firm: | Cooley Godward Castro Huddleson & Tatum |
| Bank's Law Firm: | Gunderson Dettmer Stough Villeneuve Franklin |
| Registrar/Transfer Agent: | BankBoston |
| Auditor: | Ernst & Young |
Dollar amounts in U.S. millions except for per share data | |||||
| 3 Month Ending Financials | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 12/31/97 | 3/31/98 | 3/31/97 | 3/31/98 | ||
| Revenue: | $0.00 | $0.00 | $0.00 | Assets: | $30.11 |
| Net Income: | -$23.60 | -$8.02 | -$2.41 | Curr Assets: | $26.62 |
| EPS: | -$1.85 | -$0.47 | Liabilities: | $10.13 | |
| Prior EPS: | Curr Liab: | $8.83 | |||
| Cash Flow/Oper: | -$14.93 | -$6.12 | -$2.44 | Equity: | $19.98 |
| Cash Flow/Fin: | $48.89 | $0.70 | $30.05 | Cash: | $26.30 |
| Cash Flow/Inv: | -$18.43 | -$3.99 | -$1.19 | Working Cap: | $17.79 |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for research and development, clinical trials, manufacturing scale-up, expansion of sales and marketing activities, partial payment of a license fee to IBM, working capital and general corporate purposes. |