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PROCEPT BioRobotics to Report Third Quarter 2023 Financial Results on November 1, 2023

Key Takeaway: PROCEPT BioRobotics Corporation announced that it will report its financial results for the third quarter of 2023 after market close on November 1, 2023. A conference call will follow at 4:30 p.m. Eastern Time to discuss these results. The company is known for its AquaBeam Robotic System, which offers novel therapies for treating benign prostatic hyperplasia (BPH), a common prostate condition affecting many men in the U.S.
Price reaction · baseline $26.94 (2023-10-13 close) · clean, no other PRCT news in the window
day 0 close · peak
+9.6%
day 1
+6.6%
day 3
+4.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • PROCEPT BioRobotics focuses on advancing patient care in urology.
  • Company is set to report financial results, indicating ongoing operations.
  • The AquaBeam Robotic System provides innovative solutions for prostate disease.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~35 mo
Minimal dilution risk
Lead asset
PRO 2000
Phase 1 · HIV Infections

Full Press Release Details

SAN JOSE, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (the “Company”) (Nasdaq: PRCT), a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, today announced it will report financial results for the third quarter of 2023 after market close on Wednesday, November 1, 2023. The Company’s management will host a corresponding conference call beginning at 4:30 p.m. Eastern Time.
Investors interested in listening to the conference call may do so by following one of the below links:
Webcast link for interested listeners: https://edge.media-server.com/mmc/p/cycnvr77
Dial-in registration for sell-side research analysts: https://register.vevent.com/register/BIc491d3ec87c645f08218c0c5909923e2
Live audio of the webcast will be available on the “Investors” section of the Company’s website at: https://ir.procept-biorobotics.com.
An archived recording will be available on the “Investors” section of the Company’s website at: https://ir.procept-biorobotics.com. Each webcast will be available for replay for at least 90 days after the event.
About PROCEPT BioRobotics Corporation
PROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT BioRobotics develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT BioRobotics designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. The Company has developed a significant and growing body of clinical evidence, which includes nine clinical studies and over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.
VP, Investor Relations and Business Operations

Frequently Asked Questions

When will PROCEPT BioRobotics report Q3 2023 financial results?

PROCEPT BioRobotics will report Q3 2023 results on November 1, 2023.

What time is the conference call for the financial results?

The conference call will begin at 4:30 p.m. Eastern Time.

How can I access the conference call?

Listeners can access the call via a webcast link or by dial-in registration.

What is the AquaBeam Robotic System used for?

The AquaBeam Robotic System is used for minimally invasive urologic surgery.

What condition does Aquablation therapy treat?

Aquablation therapy treats benign prostatic hyperplasia (BPH) in men.

Last updated: Oct 16, 2023