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Novadaq Technologies Inc. Message Board

  • henry_jimbob henry_jimbob Apr 22, 2014 10:26 PM Flag

    endo, anderson, others; comment on this thought;

    Maybe all the isrg surgical declining utilization will transfer to nvdq surgical product use;

    it could be happening this quarter;

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    • andersongordon Apr 23, 2014 7:41 AM Flag

      The PINPOINT and LUNA markets are 20 times Firefly. Because Firefly had a two year head start and was well financed and marketed by ISRG the initial portion of NVDQ revenue was significant. From 2014 on the impact of Da Vinci Firefly will diminish more and more until it is only low single digits % of the total revenue. Last quarter they already more than made up for the poor Da Vinci sales. I think even without Da Vinci sales, NVDQ has set out on a growth path of ~50% plus per year.


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