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0 0.00169095740397784 0.00420726306465905 0.0107496577824302 0.0153393993075127 0.0239954907802561 0.0276994927127789 0.0255857959578067
Stock impact report

Penumbra (PEN) Gains From Innovation, Mounting Costs Ail [Yahoo! Finance]

Penumbra, Inc. (PEN) 
Last penumbra, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock carries a Zacks Rank #3 (Hold) at present. Penumbra is in the early stages of its journey to bring the company's proprietary thrombectomy technologies to patients in the United States and abroad. Its consistent revenue growth momentum is being driven by the extraordinary outcomes in patients treated with Lightning Flash, Lightning Bolt 7 and RED 72 with SENDit technology. In terms of pipeline, PEN plans to strongly focus on Flash and Bolt innovation in 2024 and beyond. In the fourth quarter, the company received the FDA clearance for Flash 2.0, the first of its new computer-assisted vacuum thrombectomy (CAVT) products, which are expected over the next 15 months. The next three pipeline products will expand CAVT's utility to other areas of the body. They will also enhance the safety, speed and simplicity with which CAVT tackles the variety of clot morphology. In addition, Thunderbolt is progressing well in the THUNDER study, and the company expects to bring the advantag Show less Read more
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