The Latest Breaking News from Penumbra

A Relative Strength Rating upgrade for Penumbra shows improving technical performance. Will it continue?

A Relative Strength Rating upgrade for Penumbra shows improving technical performance. Will it continue?

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Pulled from Benzinga Pro data, Penumbra (NYSE:PEN) posted Q1 earnings of $79.00 thousand, an increase from Q4 of 100.32%. Sales dropped to $203.90 million, a 0.06% decrease between quarters.

Analysts have provided the following ratings for Penumbra (NYSE:PEN) within the last quarter:

Penumbra (NYSE:PEN) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Penumbra missed estimated earnings by 116.67%, reporting an EPS of $-0.01 versus an estimate of $0.06.

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Penumbra Inc (NYSE:PEN) posted Q4 FY21 revenue of $204 million, +22.2% Y/Y (up 23% in constant currency), beating the consensus of $194.30 million. Revenue from sales of vascular products grew 30.4% (31.1%) to $113.6 million.  Revenue from sales of neuro products grew 13.3% (14.1%) to $90.4 million. The gross margin was 61.5%,…