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Dec 31, 2020
Penumbra Q4 2020 Earnings Report
Reported a 14.9% increase in revenue compared to Q4 2019, with US revenue up by 21.6%.
Key Takeaways
Penumbra, Inc. reported its Q4 and Full Year 2020 financial results, with Q4 revenue reaching $166.9 million, a 14.9% increase compared to Q4 2019. The company's US revenue for Q4 2020 was $116.8 million, 21.6% above the same period a year ago. Gross profit for the quarter was $94.3 million, or 56.5% of total revenue.
Total revenue for Q4 2020 was $166.9 million, a 14.9% increase compared to Q4 2019.
Excluding the impact of the voluntary recall, revenue for Q4 2020 was $172.7 million, an 18.9% increase compared to Q4 2019.
US revenue for Q4 2020 was $116.8 million, 21.6% above the same period a year ago.
Gross profit for Q4 2020 was $94.3 million, or 56.5% of total revenue.
Revenue by Geographic Location
Forward Guidance
Penumbra projects total revenue for 2021 to be in the range of $675 million to $685 million, which represents growth of 20% to 22% over 2020 revenue of $560.4 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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