secwatch.observer — SEC 8-K summary
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Issuer:     Penumbra Inc (PEN)
CIK:        0001321732
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001321732-22-000103
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penumbra Q3 rev $213.7M (+12.4%); cuts FY22 guide to $840-845M on Flash delay, FX headwind
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- Revenue $213.7M, +12.4% YoY (+15.1% constant currency); vascular +17%, neuro +6.7%.
- GAAP operating income $5.4M vs $8.8M prior year; non-GAAP op income $7.8M.
- FY2022 revenue guidance reduced to $840-845M; cites Lightning Flash launch delay to Q1 2023 and $4-6M FX headwind.
- Expects to reach $1B revenue in 2023.
- Gross margin 63.3% vs 63.1% prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/0001321732-22-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321732/000132173222000103/pen-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001321732-22-000103

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