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Penumbra Inc (PEN)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   8-K10-K8-K10-Q10-Q10-K10-Q10-Q
Revenues:  
    International     66.959.659.555.355.9
    Neuro     84.881.190.484.783.6
    Vascular     123.5122.8113.6105.5100.7
Total revenues  241.4221.2213.7208.3203.9204.0190.1184.3
            Revenue growth   [+]18.4%8.4%12.4%13.1%20.5%22.2%25.8%75.3%
Cost of goods sold  90.382.878.474.376.578.670.265.6
Gross profit  151.1138.4135.3134.0127.4125.4119.9118.7
            Gross margin  62.6%62.6%63.3%64.3%62.5%61.5%63.1%64.4%
Selling, general and administrative   [+]123.1115.6108.6114.6110.9113.594.490.6
Research and development  20.018.021.319.620.652.016.717.7
Equity in earnings          
EBITDA   [+] 29.2 5.81.7-34.3 13.9
            EBITDA margin  3.3%13.2%2.5%2.8%0.8%-16.8%4.6%7.5%
Depreciation   24.3 3.93.73.7-0.33.3
EBITA  8.04.85.41.9-2.0-38.09.110.6
            EBITA margin  3.3%2.2%2.5%0.9%-1.0%-18.6%4.8%5.7%
Amortization of intangibles     2.02.02.10.30.3
EBIT   [+]8.04.85.4-0.1-4.0-40.18.810.3
            EBIT margin  3.3%2.2%2.5%-0.1%-2.0%-19.6%4.6%5.6%
Interest income, net   [+]0.60.00.0-0.10.00.00.10.3
Other income (expense), net  0.12.3-2.4-1.0-1.0-0.9-1.1-0.4
Pre-tax income  8.77.13.0-1.2-5.1-41.07.810.2
Income taxes  0.13.35.32.5-5.2-16.3-0.21.9
            Tax rate  1.0%45.6%174.8% 101.5%39.9% 18.7%
Minority interest        -0.8-0.9
Net income  8.63.9-2.3-3.70.1-24.68.99.2
            Net margin  3.5%1.8%-1.1%-1.8%0.0%-12.1%4.7%5.0%
   
Basic EPS   [+]$0.22$0.10($0.06)($0.10)$0.00($0.66)$0.24$0.25
Diluted EPS   [+]$0.22$0.10($0.06)($0.10)$0.00($0.66)$0.24$0.25
   
Shares outstanding (basic)   [+]38.238.037.937.837.637.536.636.5
Shares outstanding (diluted)   [+]39.138.937.937.838.737.537.637.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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