earnings
confidence high
sentiment neutral
materiality 0.75
PROCEPT BioRobotics Q4 revenue up 135% YoY to $23.8M; guides 2023 revenue ~$125M
PROCEPT BioRobotics Corp
2022-FY EPS reported
-$1.96
revenue$75,014,000
- Q4 2022 revenue $23.8M (+135% YoY); full year revenue $75.0M (+118% YoY).
- U.S. handpiece/consumables revenue $10.4M (+202% YoY); system install base 167.
- Net loss Q4 $28.2M vs $18.3M prior year; full year net loss $87.2M.
- 2023 guidance: revenue ~$125M (67% growth), gross margin ~53%, operating expense ~$163M.
- Inventory write-offs of $0.7M in Q4 due to manufacturing yield issue, resolved in Q1 2023.