Penumbra Q2 EPS $0.43 Beats $0.28 Estimate, Sales $261.50M Beat $253.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Penumbra reported Q2 earnings of $0.43 per share, beating the analyst consensus estimate of $0.28 by 53.57%. This is a 4200% increase from the same period last year. The company also reported quarterly sales of $261.50 million, beating the analyst consensus estimate of $253.20 million by 3.28%, a 25.51% increase from the same period last year.
August 04, 2023 | 10:32 am
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Penumbra's Q2 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
Penumbra's Q2 earnings and sales beat analyst estimates by a significant margin. This indicates strong financial performance and could lead to increased investor confidence, potentially driving the stock price up in the short term.
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