10-Q quarterly report · filed May 9, 2016

Penumbra Inc (PEN) Q1 2016 10-Q Quarterly Report

Short answer

Penumbra Inc (PEN) filed its Q1 2016 10-Q quarterly report on May 9, 2016 for the quarter ended Mar 31, 2016.

Penumbra Inc Q1 2016 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $57.9M, up 48.7% YoY from $39.0M
  • Gross margin 68.9% vs 68.6%; operating margin 3.2% vs 10.2%
  • Best segment Peripheral Vascular: $16.6M, up 127.9%; Neuro: $41.3M, up 30.4%
  • Cash $17.6M vs $19.5M; operating cash flow used $3.6M, capital expenditures $1.1M
  • Outlook: continued investment in products, manufacturing and international expansion; competition and quarterly variability remain headwinds

Risk Factors

  • No material changes: 2015 Form 10-K risk factors remain applicable
  • Regulatory risk: Medical-device compliance requirements may constrain operations
  • Legal risk: Product-liability claims could materially affect results
  • Market risk: Intense competition may pressure growth and profitability
  • Financial risk: Dependence on limited operating history increases uncertainty

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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