Intuitive Surgical, Inc.

Thank you, everyone, for standing by. Welcome to the Intuitive Second Quarter 2024 Earnings Release. Now, at this time, all participants are on a listen-only mode. Later, we will conduct a question-and-answer session. If you wish to place yourself in queue for questions at any time, please press 1-0 on your telephone keypad. You may remove yourself from that queue by repeating the 1-0 command. As a reminder, today's call has been recorded. I will now turn the call over to your host, Head of Investor Relations, Brian Keene. Please go ahead.

Good afternoon, and welcome to Intuitive's second quarter earnings conference call. With me today, we have Gary Guttartz, our CEO, Dave Rosa, our president, and Jamie Samath, our CFO. 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 our Securities and Exchange Commission filings, including our most recent Form 10-K for the fiscal year ended December 31, 2023, and subsequent filings. Our SEC filings can be found through our website or at the SEC's website. Investors are cautioned not to place undue reliance on such forward-looking statements. Please note that this conference call will be available for audio replay on our website at intuitive.com on the event section under our investor relations page. Today's press release and supplementary financial data tables have been posted to our website. Today's format will consist of providing you with highlights of our second quarter results, as described in our press release announced earlier today, followed by a question and answer session. Gary will introduce the call and provide an organization update. Dave will present the quarter's business and operational highlights. Jamie will provide a review of our financial results. Then I will discuss procedure and clinical highlights and provide our updated financial outlook for 2024. And finally, we will host a question and answer session. With that, I will turn it over to Gary.

Thank you for joining us today. The fundamentals of our business were healthy in the quarter with solid procedure growth and strong capital placements resulting in healthy financial performance. In the quarter, we made good progress with all three of our system platforms, including taking our measured rollout of DaVinci 5 to our next phase, continuing to stabilize ion supply in support of customer expansion, and expanding DaVinci SP installs in Europe while supporting SP procedure growth across regions. Some multi-port procedure headwinds continued from last quarter, and we will describe these later on the call. Before turning the time over to Dave, I'd like to thank Marshall Moore, our prior CFO and our outgoing head of global business services. Marshall will be taking his skills to pursuits outside of Intuitive in September this year. As he approaches his next endeavor, I thank him on behalf of all of us for his outstanding stewardship at Intuitive for the past 18 years. We are pleased to announce that in addition to his role as CFO, Jamie will expand his responsibilities to leading our information technology and global facilities teams. I'll now turn the time over to Dave, who will take you through commercial and operational highlights in greater detail.