secwatch.observer — SEC 8-K summary
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Issuer:     PROCEPT BioRobotics Corp (PRCT)
CIK:        0001588978
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001628280-22-005330
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PROCEPT BioRobotics Q4 revenue $10.1M (+216% YoY); guides FY2022 revenue $54-58M
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- Revenue $10.1M in Q4 2021, up from $3.2M YoY; full year $34.5M vs $7.7M.
- U.S. system/rental revenue $5.0M (Q4) vs $1.2M; handpiece/consumables $3.4M vs $0.8M.
- Net loss widened to $18.3M in Q4 from $15.3M; full year loss $59.9M vs $53.0M.
- Guides Q1 2022 revenue $12-12.5M; FY2022 revenue $54-58M, gross margin 47-49%, adj. EBITDA loss $60-63M.
- Positive 5-year WATER Study data announced Feb 2022; sales force doubled.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1588978/000162828022005330/0001628280-22-005330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1588978/000162828022005330/prct-20220308.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-005330

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