PROCEPT BioRobotics: Q4 Earnings Insights

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PROCEPT BioRobotics PRCT reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:02 PM.

Here's what investors need to know about the announcement.

Earnings

PROCEPT BioRobotics missed estimated earnings by -23.0%, reporting an EPS of $-0.54 versus an estimate of $-0.44.

Revenue was up $19.80 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 18.0% increase in the share price the next day.

Here's a look at PROCEPT BioRobotics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.53 -0.57 -0.58 -0.54
EPS Actual -0.51 -0.56 -0.63 -0.63
Revenue Estimate 33.09M 30.46M 24.35M 23.01M
Revenue Actual 35.10M 33.10M 24.40M 23.78M

To track all earnings releases for PROCEPT BioRobotics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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