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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     241.3230.3219.8210.4196.5
    Neuro     341.0339.8338.7328.1319.3
    Vascular     465.4442.5408.9382.4352.1
Total revenues  884.6847.1829.9806.4782.3747.6710.5671.4
            Revenue growth   [+]13.1%13.3%16.8%20.1%32.1%33.4%31.9%27.4%
Cost of goods sold  325.8311.9307.7299.6290.8272.2266.2256.2
Gross profit  558.9535.2522.2506.8491.5475.4444.2415.3
            Gross margin  63.2%63.2%62.9%62.9%62.8%63.6%62.5%61.8%
Selling, general and administrative   [+]461.9449.7447.6433.4409.4378.3341.4323.2
Research and development  78.879.4113.4108.9107.0104.672.090.2
EBITDA   [+] 42.1 -18.1-10.05.3 15.7
            EBITDA margin  5.5%5.0%-2.6%-2.2%-1.3%0.7%5.8%2.3%
Depreciation   31.9 11.010.49.99.412.7
EBITA  20.210.2-32.7-29.1-20.4-4.631.93.0
            EBITA margin  2.3%1.2%-3.9%-3.6%-2.6%-0.6%4.5%0.4%
Amortization of intangibles     6.44.72.91.11.1
EBIT   [+]18.16.1-38.8-35.5-25.0-7.530.81.9
            EBIT margin  2.1%0.7%-4.7%-4.4%-3.2%-1.0%4.3%0.3%
Interest income, net   [+]0.4-0.2-0.10.00.40.91.41.6
Other income (expense), net  -0.9-2.0-5.2-4.0-3.5-3.9-2.2-1.1
Pre-tax income  17.63.9-44.2-39.4-28.1-10.529.92.4
Income taxes  11.25.9-13.7-19.2-19.8-13.10.1-9.6
            Tax rate  63.3%151.4%31.0% 70.7%125.0% -393.5%
Minority interest        -3.7-3.9
Net income  6.5-2.0-30.5-19.4-6.55.333.615.9
            Net margin  0.7%-0.2%-3.7%-2.4%-0.8%0.7%4.7%2.4%
   
Basic EPS   [+]$0.17($0.05)($0.81)($0.52)($0.17)$0.14$0.92$0.44
Diluted EPS   [+]$0.17($0.05)($0.80)($0.51)($0.17)$0.14$0.90$0.43
   
Shares outstanding (basic)   [+]38.037.837.737.437.136.836.336.2
Shares outstanding (diluted)   [+]38.438.338.037.937.837.537.136.8
   
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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