Penumbra Inc

For the period ended Sep 30, 2024. Filed Oct 30, 2024.

About this filing

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.

Sep 30, 2024 · Filed Oct 30, 2024

PEN$321.85+0.8%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except share and per share amounts)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Revenue	$301,039	$270,946	$879,097	$773,843
Cost of revenue	100,733	93,228	334,823	278,192
Gross profit	200,306	177,718	544,274	495,651
Operating expenses:
Research and development	25,205	20,958	74,773	62,481
Sales, general and administrative	139,737	125,920	426,052	376,433
Acquired in-process research and development	—	18,215	—	18,215
Impairment charge	—	—	76,945	—
Total operating expenses	164,942	165,093	577,770	457,129
Income (loss) from operations	35,364	12,625	(33,496)	38,522
Interest and other income, net	4,414	679	10,026	2,970
Income (loss) before income taxes	39,778	13,304	(23,470)	41,492
Provision for (benefit from) income taxes	10,251	4,090	(3,799)	4,756
Net income (loss)	$29,527	$9,214	$(19,671)	$36,736
Net income (loss) per share:
Basic	$0.76	$0.24	$(0.51)	$0.96
Diluted	$0.75	$0.23	$(0.51)	$0.94
Weighted average shares outstanding:
Basic	38,610,805	38,462,463	38,706,809	38,324,279
Diluted	39,178,227	39,219,966	38,706,809	39,183,635

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.