secwatch.observer — SEC 8-K summary
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Issuer:     Penumbra Inc (PEN)
CIK:        0001321732
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001321732-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penumbra Q4 2022 revenue $221.2M, up 8.4% YoY; operating income $4.8M vs loss $40.1M
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- Q4 revenue $221.2M (+8.4% YoY, +10.5% constant currency); full year $847.1M (+13.3%).
- US revenue Q4 $157.1M (+8.8%); vascular product revenue $129.7M (+14.2%), neuro $91.5M (+1.2%).
- Gross margin improved to 62.6% from 61.5% YoY.
- Operating income $4.8M vs loss $40.1M in Q4 2021; non-GAAP operating income $7.2M vs $2.5M.
- Full year revenue $847.1M, up 13.3% YoY; US revenue $591.7M (+12.1%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321732/000132173223000032/0001321732-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321732/000132173223000032/pen-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001321732-23-000032

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