Penumbra (PEN) Q4 Earnings Top Estimates, Margins Increase

Published on 26 Feb 2024 on Zacks via Yahoo Finance

Penumbra (PEN) Q4 Earnings Top Estimates, Margins Increase

Penumbra, Inc. PEN reported fourth-quarter 2023 adjusted earnings per share (“EPS”) of 76 cents, which beat the Zacks Consensus Estimate by 7%. The company had recorded an adjusted EPS of 16 cents in the year-ago period.

GAAP EPS was $1.38 per share compared to 10 cents in the prior-year quarter.

For the full year, adjusted earnings were $2.09 per share, compared to the year-ago period’s figure of 16 cents.

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Penumbra (PEN) Q4 Earnings Top Estimates, Margins Increase

NYSE.PEN price evolution

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