PROCEPT BioRobotics Corp (NAS:PRCT)
$ 62 -0.04 (-0.06%) Market Cap: 3.19 Bil Enterprise Value: 3.04 Bil PE Ratio: 0 PB Ratio: 12.07 GF Score: 40/100
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Procept Biorobotics Corp at Bank of America Healthcare Conference Transcript

May 11, 2022 / 09:00PM GMT
Release Date Price: $30.5 (-0.16%)
Craig William Bijou
BofA Securities, Research Division - Research Analyst

I'm one of the med tech analysts here at BofA. And it's a pleasure to have PROCEPT BioRobotics with us today.

And from the company, Reza Zadno, CEO; and Kevin Waters, CFO. So thank you, guys.

So I guess I wanted to start with just kind of a quick review of Q1 and your guidance. You definitely gave some helpful color on the call and how to think about the cadence throughout the year. So maybe if you just want to start with a couple of highlights from the quarter, and then we'll talk in a little bit more detail about what you guys expect throughout the rest of the year.

Reza Zadno
PROCEPT BioRobotics Corporation - President, CEO & Director

So the highlight of the -- thanks for inviting us. Good to see you. For the quarter, we announced $14.2 million in Q1, and we increased the guidance for the year to 54 to 50 -- from $54 million to $58 million, we moved it to $58 million to $62 million.

And we are very happy to also have announced Aetna coming on board

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