Mazor Robotics Ltd. (NASDAQ: MZOR) saw its shares make a handy gain on Thursday after the Israeli firm announced that it’s projecting it will report record revenues for the second quarter. It didn’t stop here. Mazor also said that it received a total of 19 purchase orders during the quarter as well, setting up for what could be its strongest quarter ever.

Currently the firm is expecting to see roughly $15.4 million in revenue for the second quarter, which compares to $8.3 million in the same period of last year. Obviously that’s incredible growth, but what do the analysts have to say?

Thomson Reuters consensus estimates are calling for only $12.36 million in this quarter, so Mazor might see a pretty solid beat. Even the highest revenue target among the six analysts covering Mazor is $13.45 million.

Looking at the bottom line, the firm didn’t give out any predictions, but the consensus estimate is $0.19 in earnings per share (EPS), versus last year’s $0.18 in EPS. Considering the ramp up in purchase orders, we might see this number come up in the weeks ahead of the report.

In terms of the purchase orders, 16 of them were for the Mazor X system from customers in the United States, including seven trade-in orders from customers who had previously purchased Renaissance systems. Additionally, Mazor received purchase orders for three Renaissance systems, including two in the international market and one in the U.S. market.

Mazor’s system backlog at the end of the second quarter was 14 systems, similar to the first quarter ended in March. The backlog was adjusted to reflect a Mazor X system that was ordered in a previous quarter and subsequently cancelled in the 2017 second quarter. The company expects to deliver these systems in the second half of 2017.

We can expect the second quarter results on August 1, 2017.

Ori Hadomi, CEO of Mazor, said:

The sales momentum and the successful execution of our growth strategies, supported by ongoing product innovation and the recent leadership additions and organizational steps, position Mazor for sustainable growth.

Shares of Mazor closed Wednesday up about 5% at $35.79, with a consensus analyst price target of $38.50 and a 52-week range of $19.20 to $45.64. Following the release, the stock was up 6.5% at $38.10 in early trading indications Thursday.

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