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Penumbra, Inc. — Third Quarter 2026 Earnings Summary

  • Revenue reached $410.1 million for the quarter, a 15.6% year-over-year increase, with net income of $42.3 million and diluted EPS of $1.07.
  • All major product lines drove growth, including global thrombectomy revenue up 18.1% to $279.2 million and U.S. VTE revenue up 26.0%.
  • The company will not provide full-year 2026 financial guidance or host a conference call due to the pending acquisition by Boston Scientific Corporation.
  • Significant acquisition-related risks remain, including potential delays in regulatory approvals, management distraction, and employee departures during the transaction pendency.
  • Balance sheet strengthened with cash and cash equivalents rising to $254.3 million, while total assets grew to $2.03 billion.
Company
PENUMBRA INC
Sector
Healthcare
Industry
Medical Devices