Don Kassing
On February 14, 2025, Don Kassing, a member of the Board of Directors (the “Board”) of Penumbra, Inc. (the “Company”), notified the Company that he will retire from the Board effective April 1, 2025.
Highest-materiality recent filing
Penumbra shareholders approve merger with Boston Scientific; vote 28.6M for, 85k against
Special meeting held May 6, 2026; 28,665,933 shares present, quorum achieved.
Revenue $374.8M, up 15.6% YoY; thrombectomy $253.9M (+12.1%), embolization & access $120.8M (+23.8%).
Penumbra Q4 revenue $385.4M (+22.1%); operating income $59.2M; FY25 rev $1.4B (+17.5%)
Revenue $385.4M for Q4, up 22.1% YoY (20.9% constant currency). US Thrombectomy $203.1M (+12.4%).
Boston Scientific to acquire Penumbra: $374 cash or 3.8721 BSX shares per share; 73% cash/27% stock
Penumbra holders elect $374 cash or 3.8721 BSX shares per share; proration targets 73.26% cash/26.74% stock.
Penumbra Q3 revenue $354.7M (+17.8% YoY); full-year guidance raised to $1.375-1.380B
Net income of $45.9M; adjusted EBITDA $66.7M (18.8% margin).
Penumbra promotes Shruthi Narayan to President, CEO remains Elsesser
Shruthi Narayan, former President Interventional, becomes President effective Sept 1, 2025; reports to CEO Adam Elsesser.
Penumbra Q2 revenue $339.5M (+13.4% YoY); net income $45.3M vs prior-year loss
Revenue $339.5M, +13.4% YoY; U.S. Thrombectomy $188.5M (+22.6%); U.S. VTE +42%.
Penumbra Q1 2025 revenue $324.1M (+16.3% YoY); net income $39.2M; raises U.S. thrombectomy guidance
Revenue $324.1M (+16.3% YoY); U.S. Thrombectomy $187.9M (+25.0%).
Penumbra Q4 adjusted revenue $321.3M (+13%); U.S. thrombectomy up 27%
Adjusted revenue (excl. Italian payback) Q4 $321.3M, up 12.9% YoY; reported revenue $315.5M (+10.8%).
Penumbra Q3 revenue $301M (+11.1% YoY); U.S. thrombectomy up 21.2%; raises segment guidance
Revenue $301.0M, +11.1% YoY; net income $29.5M; adjusted EBITDA $56.7M (18.8% margin).
Penumbra announces $200M share repurchase authorization, $100M accelerated buyback
Board authorized up to $200M in stock repurchases through July 31, 2025.
Penumbra Q2 revenue $299.4M (+14.5%); loss from ops $81M on $110.3M impairment charges
U.S. thrombectomy revenue $153.7M, up 24.9% YoY; global thrombectomy revenue $203.5M (+25.2%).
Penumbra Q1 revenue $278.7M (+15.4% YoY); U.S. thrombectomy up 35.2%; reaffirms FY24 guidance
Revenue $278.7M, up 15.4% YoY (15.2% constant currency); U.S. thrombectomy $150.3M, +35.2%.
On February 14, 2025, Don Kassing, a member of the Board of Directors (the “Board”) of Penumbra, Inc. (the “Company”), notified the Company that he will retire from the Board effective April 1, 2025.
Max materiality 1.00 · Median 0.75 · Most common event earnings