PROCEPT BioRobotics Corporation (NASDAQ:PRCT) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET
Company Participants
Matt Bacso - VP, IR and Business Operations
Reza Zadno - President and CEO
Kevin Waters - EVP and CFO
Conference Call Participants
Craig Bijou - Bank of America Securities
Joshua Jennings - TD Cowen
Matthew Mishan - KeyBanc
Richard Newitter - Truist Securities.
Chris Pasquale - Nephron Research
Neil Chatterji - B. Riley
Nathan Treybeck - Wells Fargo
Brandon Vazquez - William Blair
Operator
Good morning, and welcome to PROCEPT BioRobotics Second Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded for replay purposes.
I would now like to turn the call over to Matt Bacso, Vice President, Investor Relations, for a few introductory comments.
Matt Bacso
Good morning, and thank you for joining PROCEPT BioRobotics second quarter 2023 earnings conference call. Presenting on today’s call are Reza Zadno, Chief Executive Officer; and Kevin Waters, Chief Financial Officer.
Before we begin, I’d like to remind listeners that statements made on this conference call that relate to future plans, events or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. While these forward-looking statements are based on management’s current expectations and beliefs, these statements are subject to several risks, uncertainties, assumptions and other factors that could cause results to differ materially from the expectations expressed on this conference call. The risks and uncertainties are disclosed in more detail in PROCEPT BioRobotics’ filings with the Securities and Exchange Commission, all of which are available online at www.sec.gov. Listeners are cautioned not to place undue reliance on these forward-looking statements which speak only as of today’s date, July 27, 2023. Except as required by law, PROCEPT BioRobotics undertakes no obligation to update or revise any forward-looking statements to reflect new information, circumstances or unanticipated events that may arise.
During the call, we will also reference certain financial measures that are not prepared in accordance with GAAP. More information about how we use these non-GAAP financial measures as well as reconciliations of these measures to their nearest GAAP equivalent are included in our earnings release.
With that, I’d like to turn the call over to Reza.
Reza Zadno
Good morning, and thank you for joining us. For today’s call, I will provide opening comments and a business update, followed by Kevin, who will provide additional detail regarding our financial performance and updated 2023 guidance before opening the call to Q&A.