secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001588978-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROCEPT BioRobotics Q4 revenue up 57% to $68.2M; guides FY2025 revenue ~$320M (+42%)
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- Q4 rev $68.2M (+57% YoY); US system rev $27.6M (+67%); handpiece rev $29.3M (+36%).
- FY2024 rev $224.5M (+65%); net loss narrowed to $91.4M from $105.9M; adj EBITDA loss $61.1M vs $86.5M.
- FY2025 guidance: rev ~$320M (+42%); gross margin ~64.5%; adj EBITDA loss ~$35M.
- Cash $333.7M, debt $52.0M; US install base 505 AquaBeam/HYDROS systems.
- Q4 saline shortage delayed ~10-20% of Aquablation procedures, impacting handpiece order patterns.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000158897825000004/0001588978-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000158897825000004/prct-20250225.htm
  HTML page:      https://secwatch.observer/filing/0001588978-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer