secwatch.observer — SEC 8-K summary
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Issuer:     Penumbra Inc (PEN)
CIK:        0001321732
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001321732-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penumbra Q1 revenue $241.4M (+18.4%); raises FY 2023 guidance to $1.04-1.06B
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- Revenue $241.4M (+18.4% YoY, +19.7% constant currency); vascular $142.8M, neuro $98.5M.
- Gross margin 62.6%; operating income $8.0M vs loss of $4.0M YoY.
- Non-GAAP operating income $10.4M vs non-GAAP loss of $2.3M YoY.
- Raised full-year 2023 revenue guidance: $1.04B to $1.06B (23% to 25% growth).
- Vascular growth expected slightly above guidance range; Neuro growth below.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1321732/000132173223000060/0001321732-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1321732/000132173223000060/pen-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001321732-23-000060

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