secwatch.observer — SEC 8-K summary
======================================

Issuer:     Penumbra Inc (PEN)
CIK:        0001321732
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001321732-22-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penumbra Q4 2021 revenue $204M (+22% YoY); GAAP op loss $40.1M, adjusted op income $2.5M
--------------------------------------------------------------------------------

- Q4 revenue $204.0M (+22.2% YoY; +23.0% constant currency); US $144.5M (+23.7%).
- Vascular revenue $113.6M (+30.4%); neuro revenue $90.4M (+13.3%).
- GAAP operating loss $40.1M; non-GAAP op income $2.5M excluding $25.8M Sixense accelerated vesting and $15.0M Thunderbolt R&D milestone.
- Full year 2021 revenue $747.6M (+33.4%); non-GAAP op income $40.1M vs prior year loss of $22.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321732/000132173222000016/0001321732-22-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321732/000132173222000016/pen-20220222.htm
  HTML page:      https://secwatch.observer/filing/0001321732-22-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer