Penumbra, Inc. Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Penumbra, Inc. (PEN)
Last penumbra, inc. earnings: 2/25 04:05 pm
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US:NYSE Investor Relations:
investors.penumbrainc.com/overview/default.aspx
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Source: Yahoo! Finance
Revenue of $278.7 million in the first quarter of 2024, an increase of 15.4% or 15.2% in constant currency , compared to the first quarter of 2023. U.S. thrombectomy revenue of $150.3 million in the first quarter of 2024 increased 35.2% compared to the first quarter of 2023. Non-GAAP income from operations of $19.3 million in the first quarter of 2024. Adjusted EBITDA of $37.6 million and adjusted EBITDA margin of 13.5% in the first quarter of 2024. Cash and marketable investments increased $24.3 million in the first quarter of 2024 compared to the fourth quarter of 2023 driven by an increase in profitability and improvements in working capital. Strong growth trends in the first quarter reinforce our total revenue and U.S. thrombectomy revenue guidance ranges of 16-20% and 27-30%, respectively, for full year 2024. First Quarter 2024 Financial Results Total revenue increased to .7 million for the first quarter of 2024 compared to .4 million for the first quarter of 2023, a
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PEN
News
- Penumbra, Inc. (NYSE: PEN) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $284.00 to $272.00. They now have a "buy" rating on the stock.MarketBeat
- Penumbra, Inc. (NYSE: PEN) had its price target lowered by analysts at Piper Sandler from $290.00 to $260.00. They now have an "overweight" rating on the stock.MarketBeat
- Penumbra (PEN) Q1 Earnings Lag Estimates, Margins Expand [Yahoo! Finance]Yahoo! Finance
- Penumbra, Inc. (NYSE: PEN) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Penumbra, Inc. Reports First Quarter 2024 Financial ResultsPR Newswire
PEN
Earnings
- 5/7/24 - Miss
PEN
Sec Filings
- 5/15/24 - Form 4
- 5/8/24 - Form 4
- 5/7/24 - Form 10-Q
- PEN's page on the SEC website