Good afternoon. My name is Rob and I will be your conference operator today. At this time, I would like to welcome everyone to Penumbra's Fourth Quarter 2024 Conference Call. All lines have been ...
Shares of medical device company Penumbra (NYSE:PEN) jumped 12.1% in the afternoon session after the company agreed to be acquired by Boston Scientific in a deal valued at approximately $14.5 billion.
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Management provided a revenue guidance range of $1.34 billion to $1.36 billion for 2025, with gross margins expected to exceed 67% for the full year. Operating margins are forecasted to expand to ...
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A month has gone by since the last earnings report for Penumbra (PEN). Shares have added about 5% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent ...