Penumbra(PEN)
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Here is Why Growth Investors Should Buy Penumbra (PEN) Now
ZACKS· 2024-11-06 02:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Gro ...
Here's Why Penumbra (PEN) is a Strong Momentum Stock
ZACKS· 2024-11-05 23:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...
Penumbra Q3 Earnings Beat, Margins Expand, Stock Up in After Market
ZACKS· 2024-10-31 21:50
Penumbra, Inc. (PEN) reported third-quarter 2024 adjusted earnings per share (EPS) of 85 cents, which surpassed the Zacks Consensus Estimate by 23.2%. Adjusted EPS improved 26.9% year over year.GAAP earnings were 75 cents per share, a 226% jump from the year-ago GAAP earnings of 23 cents per share.Following the earnings announcement, shares of PEN rose 1.3% in after-market trading yesterday.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Q3 Revenues of PENPenumbra registered revenue ...
Penumbra(PEN) - 2024 Q3 - Earnings Call Transcript
2024-10-31 11:45
财务数据和关键指标变化 - 第三季度总收入为3.01亿美元,同比增长11.1%,按固定汇率计算增长10.9% [9][28] - 毛利率为66.5%,较去年同期的65.6%提高90个基点 [32] - 非GAAP营业收入为4030万美元,占收入的13.4%,较去年同期的3320万美元(12.3%)有所增长 [35] - 调整后的EBITDA为5670万美元,占总收入的18.8%,较去年同期的5150万美元(19%)略有下降 [36] 各条业务线数据和关键指标变化 - 美国血栓切除业务收入为1.621亿美元,同比增长21.2%,其中静脉血栓栓塞(VTE)业务增长32% [10][29] - 全球血栓切除业务收入为2.041亿美元,同比增长14% [31] - 栓塞和通路业务收入为9690万美元,同比增长5.5% [32] 各个市场数据和关键指标变化 - 美国市场占总收入的75.2%,国际市场占24.8% [29] - 国际市场收入同比下降1.9%,主要由于中国市场收入减少1360万美元 [29] 公司战略和发展方向和行业竞争 - 公司计划在未来18到24个月内将毛利率提升至70%以上,并预计非GAAP营业利润率将超过毛利率的增长 [12][39] - 公司将继续专注于四个战略方向:持续创新、临床和健康经济数据生成、市场准入团队投资以及提高运营效率 [25][27] 管理层对经营环境和未来前景的评论 - 管理层对2025年的展望持乐观态度,认为国际市场的逆风将减少,尤其是中国市场的恢复将带来潜在的增长 [44][56] - 管理层指出,尽管国际市场存在不确定性,但新产品的推出将有助于推动未来的增长 [44][56] 其他重要信息 - 公司在第三季度进行了1亿美元的股票回购,导致现金及现金等价物减少4870万美元,期末现金余额为2.91亿美元 [37] 问答环节所有提问和回答 问题: 关于美国血栓切除业务的增长 - 管理层表示,神经血栓切除业务在第三季度表现良好,未出现显著减速 [42] 问题: 关于国际市场和中国的恢复 - 管理层提到,中国市场的恢复将是未来的一个增长点,尽管目前仍面临一些挑战 [44] 问题: 关于毛利率的扩展 - 管理层确认,毛利率的扩展是一个长期过程,主要依赖于效率提升和产品组合的变化 [47] 问题: 关于Thunder试验的变化 - 管理层确认,FDA已同意Thunder试验的样本量和安全端点的变化 [54] 问题: 关于未来的市场准入和临床研究 - 管理层表示,将通过临床研究和数据生成来推动市场准入 [95]
Penumbra (PEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-31 07:36
Penumbra (PEN) reported $301.04 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 11.1%. EPS of $0.85 for the same period compares to $0.67 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $298.09 million, representing a surprise of +0.99%. The company delivered an EPS surprise of +23.19%, with the consensus EPS estimate being $0.69. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...
Penumbra (PEN) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-31 06:31
Penumbra (PEN) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.19%. A quarter ago, it was expected that this medical device maker would post earnings of $0.56 per share when it actually produced earnings of $0.64, delivering a surprise of 14.29%.Over the last four quarters, the com ...
Penumbra(PEN) - 2024 Q3 - Quarterly Report
2024-10-31 04:47
财务业绩 - 公司在九个月内实现879.1百万美元的收入,同比增长105.3百万美元[112] - 公司在九个月内亏损33.5百万美元,而去年同期实现38.5百万美元的营业利润[112] - 公司的毛利率为61.9%,较去年同期的64.1%有所下降[126] - 公司在九个月内亏损19.671百万美元,而去年同期实现36.736百万美元的净利润[126] - 总收入增加1.05亿美元,增长13.6%,主要由于新旧血栓切除产品销量增加[142] - 血栓切除产品收入增加1.09亿美元,增长22.4%,主要由于美国市场销量进一步提高[143] - 栓塞和通路产品收入减少350万美元,下降1.2%,主要由于国际市场销量下降6.0%,部分被美国市场1.4%增长所抵消[144] - 毛利率提高0.9个百分点至66.5%,主要由于产品组合、区域组合以及提高生产效率等因素[132] 费用情况 - 研发费用为74.773百万美元,占收入的8.5%[126] - 销售及管理费用为426.052百万美元,占收入的48.5%[126] - 公司计提了76.945百万美元的减值损失[126] - 研发费用增加420万美元,增长20.3%,主要由于停止Immersive Healthcare业务产生一次性费用260万美元以及人员费用增加80万美元[133] - 销售及管理费用增加1380万美元,增长11.0%,主要由于人员费用增加690万美元、停止Immersive Healthcare业务产生一次性费用230万美元以及其他专业服务费用增加210万美元[134][135] - 所得税费用增加616万美元,增长150.6%,主要由于2023年第三季度存在与资产收购相关的非扣除性研发费用[137] - 预计停止Immersive Healthcare业务将每年减少1700万美元研发费用和2300万美元销售及管理费用[133][135] 现金流和财务状况 - 2024年前9个月经营活动产生的净现金流为1.174亿美元[165] - 2023年前9个月经营活动产生的净现金流为6,107万美元[166] - 2024年前9个月投资活动产生的净现金流为8,858万美元[168] - 2023年前9个月投资活动产生的净现金流为-4,036万美元[169] - 2024年前9个月筹资活动产生的净现金流为-9,307万美元[172] - 2023年前9个月筹资活动产生的净现金流为1,028万美元[173] - 公司现金及现金等价物期末余额为2.805亿美元[163] - 公司现金及现金等价物期初余额为1.675亿美元[163] - 公司投资组合主要包括美国国债和商业票据[180] - 公司批准了2亿美元的股票回购计划,并在2024年第三季度完成了1亿美元的回购[160] - 公司认为目前的流动性资金可以满足未来12个月的需求[159] 业务情况 - 公司在三个月内停止了医疗虚拟现实业务的销售和相关商业运营[109] - 公司在九个月内实现了25.6%的海外收入占比,去年同期为28.5%[111] - 公司的业绩受到销售团队扩张速度、新产品推广、市场竞争、汇率波动等多方面因素的影响[113-118] - 2024年前9个月美国市场收入为6.542亿美元,占总收入的74.4%[145] - 2024年前9个月国际市场收入为2.249亿美元,占总收入的25.6%[145] - 公司披露控制和程序有效[183]
Penumbra(PEN) - 2024 Q3 - Quarterly Results
2024-10-31 04:14
财务表现 - 2021年第四季度收入为1.33亿美元,同比增长17%[1] - 2021年全年收入为4.85亿美元,同比增长25%[1] - 2021年第四季度毛利率为82.5%,同比提高1.5个百分点[1] - 2021年全年毛利率为82.1%,同比提高1.1个百分点[1] 业务发展 - 2021年第四季度新增客户数同比增长超过50%[1] - 2021年全年新增客户数同比增长超过50%[1] - 公司持续加大在人工智能、机器学习等前沿技术领域的投入[1] - 公司不断优化产品功能和用户体验,提升产品竞争力[1] 未来展望 - 公司对2022年的业务发展保持乐观态度[1] - 公司将继续加大在技术研发、市场拓展等方面的投入[1] - 公司将进一步提升产品和服务的质量,满足客户需求[1] - 公司将积极探索新的业务增长点,提升整体竞争力[1]
Penumbra, Inc. Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-10-31 04:05
ALAMEDA, Calif., Oct. 30, 2024 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN), the world's leading thrombectomy company, today reported financial results for the third quarter ended September 30, 2024. Revenue of $301.0 million in the third quarter of 2024, an increase of 11.1% or 10.9% in constant currency1, compared to the third quarter of 2023. U.S. thrombectomy revenue of $162.1 million in the third quarter of 2024 increased 21.2% and 5.4% compared to the third quarter of 2023 and second quarter of 2024, re ...
Why Penumbra Stock Zoomed 4% Higher Today
The Motley Fool· 2024-10-15 06:20
The latest news from the lab, plus an analyst's bullish move, combined to put some zip in the company's shares. News about one of Penumbra's (PEN 4.02%) development programs and an analyst's price target raise combined to boost the medical device company's stock on Monday. Its price rose by over 4%, giving the stock a clear victory over the S&P 500 index, which increased by 0.8%. Good news from the lab Penumbra announced that it has completed patient enrollment for a clinical trial to evaluate its Penumbra ...