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$321.46-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Stockholders’ Equity

(in thousands, except share amounts)

Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Retained Earnings · Total Stockholders’ Equity
Shares · Amount
Balance at December 31, 2023	38,681,549	$39	$1,047,198	$(3,151)	$134,858	$1,178,944
Issuance of common stock	76,597	—	238	—	—	238
Shares held for tax withholdings	(1,732)	—	(421)	—	—	(421)
Stock-based compensation	—	—	15,455	—	—	15,455
Other comprehensive loss	—	—	—	(1,687)	—	(1,687)
Net income	—	—	—	—	11,002	11,002
Balance at March 31, 2024	38,756,414	$39	$1,062,470	$(4,838)	$145,860	$1,203,531
Issuance of common stock	28,043	—	61	—	—	61
Issuance of common stock under employee stock purchase plan	51,752	—	8,861	—	—	8,861
Shares held for tax withholdings	(428)	—	(89)	—	—	(89)
Stock-based compensation	—	—	9,277	—	—	9,277
Other comprehensive loss	—	—	—	(210)	—	(210)
Net loss	—	—	—	—	(60,200)	(60,200)
Balance at June 30, 2024	38,835,781	$39	$1,080,580	$(5,048)	$85,660	$1,161,231
Issuance of common stock	45,678	—	484	—	—	484
Shares held for tax withholdings	(375)	—	(72)	—	—	(72)
Stock-based compensation	—	—	9,982	—	—	9,982
Repurchase of common stock(1)	(517,763)	(1)	(11,781)	—	(89,175)	(100,957)
Other comprehensive income	—	—	—	4,085	—	4,085
Net income	—	—	—	—	29,527	29,527
Balance at September 30, 2024	38,363,321	$38	$1,079,193	$(963)	$26,012	$1,104,280

(1) Refer to Note “11. Share Repurchase Program” for more information on the repurchase of common stock during the quarter ended September 30, 2024.

Condensed Consolidated Statements of Stockholders’ Equity

(in thousands, except share amounts)

Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Retained Earnings · Total Stockholders’ Equity
Shares · Amount
Balance at December 31, 2022	38,107,977	$38	$963,040	$(8,124)		$43,904			$998,858
Issuance of common stock	134,936	—	2,209	—		—			2,209
Shares held for tax withholdings	(813)	—	(204)	—		—			(204)
Stock-based compensation	—	—	13,781	—		—			13,781
Other comprehensive income	—	—	—	1,263		—			1,263
Net income	—	—	—	—		8,562			8,562
Balance at March 31, 2023	38,242,100	$38	$978,826	$(6,861)		$52,466			$1,024,469
Issuance of common stock	114,930	—	1,614	—		—			1,614
Issuance of common stock under employee stock purchase plan	51,264	—	8,385	—		—			8,385
Shares held for tax withholdings	(2,689)	—	(822)	—		—			(822)
Stock-based compensation	—	—	12,655	—		—			12,655
Other comprehensive income	—	—	—	1,282		—			1,282
Net income	—	—	—	—		18,960			18,960
Balance at June 30, 2023	38,405,605	$38	$1,000,658	$(5,579)		$71,426			$1,066,543
Issuance of common stock	95,927	—	834				834
Issuance of common stock in connection with asset acquisition(1)	71,211	—	17,227	—		—			17,227
Shares held for tax withholdings	(404)	—	(123)	—		—			(123)
Stock-based compensation	—	—	12,104	—		—			12,104
Other comprehensive loss	—	—	—	(1,661)		—			(1,661)
Net income	—	—	—		9,214			9,214
Balance at September 30, 2023	38,572,339	$38	$1,030,700	$(7,240)		$80,640			$1,104,138

(1) Refer to Note “6. Asset Acquisition” for more information on the impact of the asset acquisition during the quarter ended September 30, 2023.

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.