Penumbra: Q4 Earnings Insights

Penumbra PEN reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Penumbra beat estimated earnings by 8.57%, reporting an EPS of $0.76 versus an estimate of $0.7.

Revenue was up $63.46 million from the same period last year.

Last quarter the company beat on EPS by $0.22 which was followed by a 0.2% drop in the share price the next day.

Here's a look at Penumbra's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.45	0.28	0.11	0.15
EPS Actual	0.67	0.43	0.23	0.16
Revenue Estimate	265.26M	253.22M	229.73M	217.31M
Revenue Actual	270.95M	261.50M	241.40M	221.22M

To track all earnings releases for Penumbra visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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