Penumbra, Inc. (PEN) Tops Q2 EPS by 8c

Penumbra, Inc. (NYSE: PEN) reported Q2 EPS of $0.25, $0.08 better than the analyst estimate of $0.17. Revenue for the quarter came in at $184.3 million versus the consensus estimate of $170.76 million.

GUIDANCE:

Penumbra, Inc. sees 2021 revenue of $720-730 million, versus the consensus of $702.4 million.

• The Company is increasing its guidance for 2021 total revenue to be in the range of $720 million to $730 million, which represents 28% to 30% growth over 2020 revenue of $560.4 million. This new range compares to the previous range of $695 million to $705 million.

For earnings history and earnings-related data on Penumbra, Inc. (PEN) click here.

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