Penumbra Q3 Earnings Beat, Margins Expand, Stock Up in After Market

Penumbra, Inc. (PEN) reported third-quarter 2024 adjusted earnings per share (EPS) of 85 cents, which surpassed the Zacks Consensus Estimate by 23.2%. Adjusted EPS improved 26.9% year over year.GAAP earnings were 75 cents per share, a 226% jump from the year-ago GAAP earnings of 23 cents per share.Following the earnings announcement, shares of PEN rose 1.3% in after-market trading yesterday.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Q3 Revenues of PENPenumbra registered revenue ...