Hugo Robot Will Be A Huge Game Changer

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It’s such a loser!

Why do you post this garbage?

Medtronic (NYSE:MDT) Is Posting Promising Earnings But The Good News Doesn’t Stop There — Simply Wall St

“Importantly, our data indicates that Medtronic's profit was reduced by US$964m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits”

A billion dollar a year robot that provides ZERO revenue to the company.

MDT is a device company, not a robotics company

And barely a device company provided all the recalls

Every ICD manufactured since 2017?

That’s the big problem! You poisoned the well when quality was sacrificed for cost of device parts

The company died with Earl-rest in peace
 
























anonymous said:
Maybe in 2040. In the meantime, invest in Intuitive Surgical if you like robots.
Click to expand...

Here's the update:

In Surgical Robotics… we’re investing and building a foundation for future growth. In Q1, our install base continued to grow and utilization per system steadily increased. And in the US, we’ve now achieved the targeted enrollment for the EXPAND URO trial. This is a meaningful milestone. And beyond that, enrollment and procedures in our other two US indication studies, Hernia and Gynecology, are going well. We also continue to make progress bringing our advanced surgical technologies to Hugo™, such as ICG fluorescent imaging and Ligasure™ vessel sealing.


So maybe next year.
 








I hear from a good source internally that Hugo has experienced another set back and launch is again delayed, potentially for 2 years or longer. There's a strong possibility they scrape the whole platform and either spin it off as a separate or simply have another round of layoffs.
 








Judging by the volume to farewells and goodbyes posted on LinkedIn…..it’s easy to see that HUGO is still not a profit center and GM will continue to flush money down the drain.
 
















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