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PROCEPT BioRobotics Corp PRCT

PROCEPT BioRobotics Corporation is a surgical robotics company, which is focused on advancing patient care by developing transformative solutions in urology. The Company develops, manufactures and sells the AquaBeam Robotic System, which is an image-guided surgical robotic system for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia (BPH). The AquaBeam Robotic System employs a single-use disposable handpiece to deliver the Company’s proprietary Aquablation therapy, which combines real-time, multi-dimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted and rapid removal of prostate tissue. The Company designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, (LUTS), due to BPH that are independent of prostate size and shape or surgeon experience.


NDAQ:PRCT - Post by User

Post by AviseAnalyticson Dec 08, 2023 8:00am
82 Views
Post# 35774496

PROCEPT BIOROBOTICS:TRANSFORMING THE BPH TREATMENT LANDSCAPE

PROCEPT BIOROBOTICS:TRANSFORMING THE BPH TREATMENT LANDSCAPE
$PRCT

Excited to share an article about Procept BioRobotics Corporation (NASDAQ: PRCT), a surgical robotics company focused on developing innovative solutions in urology to advance patient care. The Company has developed a highly successful proprietary technology to meet the needs of a large population of patients with benign prostatic hyperplasia (BPH). 

For Q3FY23, Procept reported total revenue of $35.1 million, a 72% increase compared to the previous quarter. For the full fiscal year 2023, Procept expects revenues of approximately $133.5 million, which represents a growth of 78% over the previous year, with a gross margin of about 55%. The Company's revenue is expected to continue growing, making it a noteworthy Company to keep an eye on.

Read on to know more:

https://www.aviseanalytics.com/procept-biorobotics-transforming-the-bph-treatment-landscape/

 

 
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