Penumbra Inc PEN Income Statement

Penumbra inc (PEN)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14
Revenue
137,329	145,263	139,502	134,201	128,439	120,793	111,806	109,638	102,701	96,051	83,911	80,589	73,213	73,105	67,187	65,106	57,919	54,416	50,416	42,311	38,952	32,464
Cost of revenue
49,320	47,135	43,504	40,273	44,529	42,081	36,794	37,386	36,144	32,324	29,134	29,660	25,504	26,525	24,313	23,636	18,014	17,958	16,919	14,936	12,224	11,667
Gross profit
88,009	98,128	95,998	93,928	83,910	78,712	75,012	72,252	66,557	63,727	54,777	50,929	47,709	46,580	42,874	41,470	39,905	36,458	33,497	27,375	26,728	20,797
Operating expenses:
Research and development
12,946	12,861	13,733	13,462	11,667	-	-	-	-	-	-	-	-	6,113	6,497	6,264	5,001	5,484	4,560	4,792	3,191	3,897
Sales, general and administrative
74,453	74,688	69,289	67,665	61,091	-	-	-	-	-	-	-	-	41,619	37,740	35,876	33,069	29,154	26,755	26,396	19,547	16,589
Acquired in-process research and development
-	-	0	-	-	0	30,835	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Total operating expenses
87,399	87,549	83,022	81,127	72,758	72,043	95,861	62,969	62,512	59,871	54,094	52,257	49,755	47,732	44,237	42,140	38,070	34,638	31,315	31,188	22,738	20,486
Income from operations
610	10,579	12,976	12,801	11,152	-	-	-	-	-	-	-	-	-1,152	-1,363	-670	1,835	1,820	2,182	-3,813	3,990	311
Interest income, net
299	578	759	784	733	-	-	-	-	-	-	-	-	623	631	559	510	139	17	177	208	144
Other (expense) income, net
-1,655	592	-772	-71	24	-	-	-	-	-	-	-	-	-986	-360	-272	-224	-83	-115	-542	44	-56
(Loss) income before income taxes
-746	11,749	12,963	13,514	11,909	7,349	-19,908	9,663	4,504	3,906	1,239	-918	-1,751	-1,515	-1,092	-383	2,121	1,876	2,084	-4,178	4,242	399
(Benefit from) provision for income taxes
-1,600	2,448	2,000	-2,700	1,500	885	1,598	-4,948	-1,938	-5,904	456	482	1,355	881	-12,998	-3,396	-170	243	1,183	-1,507	1,740	227
Income before equity in losses of unconsolidated investee
-	-	11,000	16,249	-	6,464	-21,506	14,611	6,442	9,810	783	-1,400	-3,106	-	-	-	-	-	-	-	-	-
Equity in losses of unconsolidated investee
-	-	0	0	-	0	-920	-1,230	-951	-727	-545	-158	0	-	-	-	-	-	-	-	-	-
Consolidated net income
888	9,301	11,000	16,249	10,454	6,464	-22,426	13,381	5,491	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to non-controlling interest
-537	-388	-483	-339	-244	-195	-3,496	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-
Net income attributable to Penumbra, Inc.
1,425	9,689	11,483	16,588	10,698	6,659	-18,930	13,381	5,491	9,083	238	-1,558	-3,106	-2,396	11,906	3,013	2,291	1,633	901	-2,671	2,502	172
Net income attributable to Penumbra, Inc. per share:
Foreign currency translation adjustments, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-898	-1,881	1,048	-416	-303	327	-916	-413
Net change in unrealized (losses) gains on available-for-sale securities, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-115	88	281	-163	0	193	27	-266
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,893	1,220	3,620	1,054	598	-2,151	1,613	-507
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,906	3,013	2,291	858	276	-553	503	-1,192
Basic (in dollars per share)
0.04	0.28	0.33	0.48	0.31	0.19	-0.55	0.39	0.16	0.27	0.01	-0.05	-0.10	-0.08	0.39	0.10	0.08	0.06	0.04	-0.11	0.10	-0.25
Diluted (in dollars per share)
0.04	0.27	0.32	0.46	0.30	0.18	-0.55	0.37	0.15	0.25	0.01	-0.05	-0.10	-0.07	0.35	0.09	0.07	0.09	0.03	-0.11	0.07	-0.25
Weighted average shares outstanding:
Basic (in shares)
35,042	34,955	34,840	34,694	34,507	34,378	34,248	34,072	33,846	33,606	33,446	33,219	31,611	31,053	30,604	30,210	29,990	30,120	7,853	5,096	4,903	4,688
Diluted (in shares)
36,362	36,312	36,271	36,214	36,213	36,150	34,248	36,116	35,917	35,833	35,664	33,219	31,611	33,825	33,755	33,308	33,023	34,399	10,189	5,096	7,193	4,688