10-Q quarterly report · filed Nov 5, 2018

Penumbra Inc (PEN) Q3 2018 10-Q Quarterly Report

Short answer

Penumbra Inc (PEN) filed its Q3 2018 10-Q quarterly report on Nov 5, 2018 for the quarter ended Sep 30, 2018.

Penumbra Inc Q3 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $111.8M, up 33.2% YoY from $83.9M
  • Gross margin 67.1% vs 65.3% YoY, operating margin (18.6%) vs 0.8%
  • Best segment Peripheral Vascular: $37.1M, up 47.1%; Neuro $74.7M, up 27.3%
  • Cash $47.7M vs $50.6M; operating cash flow $21.3M, MVI acquisition payments $19.9M
  • Near-term headwinds: rising R&D and SG&A, additional product development investments, quarterly expense variability

Risk Factors

  • No material changes or newly identified risk factors since the December 31, 2017 Form 10-K
  • Carried-forward risks remain unchanged from the February 27, 2018 annual filing

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

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