Penumbra Inc
For the period ended Mar 31, 2024. Filed May 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 7, 2024
PEN$321.46-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except share and per share amounts)
| Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenue | $278,655 | $241,398 |
| Cost of revenue | 97,516 | 90,326 |
| Gross profit | 181,139 | 151,072 |
| Operating expenses: | ||
| Research and development | 24,626 | 19,986 |
| Sales, general and administrative | 144,412 | 123,078 |
| Total operating expenses | 169,038 | 143,064 |
| Income from operations | 12,101 | 8,008 |
| Interest and other income, net | 2,525 | 644 |
| Income before income taxes | 14,626 | 8,652 |
| Provision for income taxes | 3,624 | 90 |
| Net income | $11,002 | $8,562 |
| Net income per share: | ||
| Basic | $0.28 | $0.22 |
| Diluted | $0.28 | $0.22 |
| Weighted average shares outstanding: | ||
| Basic | 38,717,334 | 38,186,342 |
| Diluted | 39,387,359 | 39,075,388 |
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