PROCEPT BioRobotics Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Public

  • Employees
  • 626

Employees

  • Stock Symbol
  • PRCT

Stock Symbol

  • Share Price
  • $72.66
  • (As of Friday Closing)

PROCEPT BioRobotics General Information

Description

PROCEPT BioRobotics Corp is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. It develops, manufactures, and sells the AquaBeam Robotic System,, image-guided, surgical robotic system for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia, or BPH. The company's assets are based in the United States. Its revenue is generated from sales of the AquaBeam Robotic System and the accompanying single-use disposable handpieces.

Contact Information

Formerly Known As
Procept
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 900 Island Drive
  • Suite 170
  • Redwood Shore, CA 94065
  • United States
+1 (650)
Primary Industry
Surgical Devices
Other Industries
Diagnostic Equipment
Stock Exchange
NAS
Vertical(s)
Corporate Office
  • 900 Island Drive
  • Suite 170
  • Redwood Shore, CA 94065
  • United States
+1 (650)

PROCEPT BioRobotics Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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PROCEPT BioRobotics Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$72.66 $74.31 $24.83 - $85.81 $3.77B 51.9M 672K -$2.06

PROCEPT BioRobotics Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 2,997,312 1,909,049 1,685,034 821,716
Revenue 176,575 136,191 75,014 34,473
EBITDA (105,101) (105,646) (81,627) (50,795)
Net Income (103,709) (105,897) (87,154) (59,853)
Total Assets 374,350 404,717 309,329 337,024
Total Debt 81,016 79,204 77,317 54,100
Public Fundamental Data provided by Morningstar, Inc. disclaimer

PROCEPT BioRobotics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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PROCEPT BioRobotics Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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PROCEPT BioRobotics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
PROCEPT BioRobotics Corp is a surgical robotics company focused on advancing patient care by developing transformative s
Surgical Devices
Redwood Shore, CA
626 As of 2023

Boulder, CO
 

Portland, OR
 
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PROCEPT BioRobotics Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Encision Corporation Boulder, CO
Riverpoint Medical Private Equity-Backed Portland, OR
Spine Wave Venture Capital-Backed Shelton, CT
CooperSurgical Corporate Backed or Acquired Trumbull, CT
SeaSpine Holdings Corporate Backed or Acquired Carlsbad, CA
You’re viewing 5 of 9 competitors. Get the full list »

PROCEPT BioRobotics Patents

PROCEPT BioRobotics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240252271-A1 Tissue protection systems and methods Pending 01-Feb-2023
US-20240252226-A1 Three dimensional imaging and treatment planning Pending 01-Feb-2023
US-20240252255-A1 User interface for three dimensional imaging and treatment Pending 01-Feb-2023
US-20240138808-A1 Fiducial systems for probe tracking and identification Pending 31-Oct-2022
US-20230255599-A1 Apparatus and method to detect tissue stretching during insertion of probes Pending 17-Feb-2022 A61B8/12
To view PROCEPT BioRobotics’s complete patent history, request access »

PROCEPT BioRobotics Executive Team (15)

Name Title Board Seat
Reza Zadno Ph.D Chief Executive Officer & Board Member
Kevin Waters Chief Financial Officer, Finance & Executive Vice President
Hisham Shiblaq Chief Commercial Officer
Alaleh Nouri JD Executive Vice President & Secretary, Administration
Barry Templin Senior Vice President, Clinical and Medical Affairs
You’re viewing 5 of 15 executive team members. Get the full list »

PROCEPT BioRobotics Board Members (17)

Name Representing Role Since
Amy Dodrill Self Board Member
Antal Desai CPMG Board Member
Elisabeth Sandoval-Little Self Board Member
Frederic Moll MD Self Board Member
Larry Wood Self Board Member
You’re viewing 5 of 17 board members. Get the full list »

PROCEPT BioRobotics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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PROCEPT BioRobotics ESG

Risk Overview

Risk Rating

Updated September, 04, 2023

28.64 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 16,009

Rank

Percentile

Healthcare

Industry

of 634

Rank

Percentile

Medical Devices

Subindustry

of 225

Rank

Percentile

To view PROCEPT BioRobotics’s complete esg history, request access »

PROCEPT BioRobotics FAQs

  • When was PROCEPT BioRobotics founded?

    PROCEPT BioRobotics was founded in 2009.

  • Who is the founder of PROCEPT BioRobotics?

    Nikolai Aljuri Ph.D and Rodney Perkins MD are the founders of PROCEPT BioRobotics.

  • Who is the CEO of PROCEPT BioRobotics?

    Reza Zadno Ph.D is the CEO of PROCEPT BioRobotics.

  • Where is PROCEPT BioRobotics headquartered?

    PROCEPT BioRobotics is headquartered in Redwood Shore, CA.

  • What is the size of PROCEPT BioRobotics?

    PROCEPT BioRobotics has 626 total employees.

  • What industry is PROCEPT BioRobotics in?

    PROCEPT BioRobotics’s primary industry is Surgical Devices.

  • Is PROCEPT BioRobotics a private or public company?

    PROCEPT BioRobotics is a Public company.

  • What is PROCEPT BioRobotics’s stock symbol?

    The ticker symbol for PROCEPT BioRobotics is PRCT.

  • What is the current stock price of PROCEPT BioRobotics?

    As of 04-Oct-2024 the stock price of PROCEPT BioRobotics is $72.66.

  • What is the current market cap of PROCEPT BioRobotics?

    The current market capitalization of PROCEPT BioRobotics is $3.77B.

  • What is PROCEPT BioRobotics’s current revenue?

    The trailing twelve month revenue for PROCEPT BioRobotics is $177M.

  • Who are PROCEPT BioRobotics’s competitors?

    Encision, Riverpoint Medical, Spine Wave, CooperSurgical, and SeaSpine Holdings are some of the 9 competitors of PROCEPT BioRobotics.

  • What is PROCEPT BioRobotics’s annual earnings per share (EPS)?

    PROCEPT BioRobotics’s EPS for 12 months was -$2.06.

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