PROCEPT BioRobotics Corp (NAS:PRCT)
$ 85.035 2.2 (2.66%) Market Cap: 4.42 Bil Enterprise Value: 4.28 Bil PE Ratio: 0 PB Ratio: 17.53 GF Score: 58/100

PROCEPT BioRobotics Corp at Bank of America Global Healthcare Conference Transcript

May 10, 2023 / 11:20PM GMT
Release Date Price: $29.55 (+5.76%)
Craig William Bijou
BofA Securities, Research Division - Research Analyst

Good afternoon. My name is Craig Bijou. I'm one of the medtech analysts here at BofA. And it's a pleasure to have PROCEPT BioRobotics here. From the company, Reza Zadno, CEO; and Kevin Waters, CFO. So Reza, Kevin, welcome.

Reza Zadno
PROCEPT BioRobotics Corporation - President, CEO & Director

Thanks for having us. Thank you.

Questions & Answers

Craig William Bijou
BofA Securities, Research Division - Research Analyst

So we won't talk about it. I'm kidding. So I apologize in advance, but we're probably going to start with a number of system questions given Q1 results. So maybe start there. And you placed 25 systems in the first quarter, the lower end of the range that you had given for the year. So let's just start maybe kind of what happened during the quarter. You talked about a handful of maybe IDN sales that didn't come through. But would just love to kind of get your perspective on what happened in the quarter?

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investorsā€™ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot