Penumbra Inc (PEN) Penumbra, Inc., together with its subsidiaries, designs, develops, manufactures, and markets medical devices in the United States and internationally. It offers computer-assisted vacuum thrombectomy; peripheral thrombectomy products, including the Indigo System for power aspiration of thrombus in the body; Lightning Flash, a mechanical thrombectomy system; Lightning Bolt 7, an arterial thrombectomy system; and CAT RX. It also provides access products, including guide catheters and the Penumbra distal delivery catheters under the Neuron, Neuron MAX, BENCHMARK, BMX, DDC, Access25; MIDWAY, and PX SLIM brands; Penumbra System, an integrated mechanical thrombectomy system comprising reperfusion catheters and separators, the 3D Revascularization device, aspiration tubing, aspiration pump, and other components and accessories under the Penumbra RED, SENDit, JET, ACE, BMX, Max, 3D Revascularization Device, and Penumbra ENGINE brands; and neuro embolization coiling systems that include the Penumbra Coil 400, for the treatment of aneurysms and other complex lesions, detachable coils of neurovascular lesions under the Penumbra SMART COIL, SwiftSET, and Penumbra SwiftPAC Coil brands; and POD400 and PAC400 brands. In addition, it provides peripheral embolization products, such as Ruby Embolization Platform, which consists of detachable coils for peripheral applications; Ruby LP and XL Embolization Platform; Penumbra LANTERN Delivery Microcatheter, a low-profile microcatheter with a high-flow lumen; POD (Penumbra Occlusion Device) System, a single device solution; Packing Coil LP; and Packing Coil, a complementary device for use in other peripheral embolization products. Further, it offers neurosurgical tools comprising the Artemis Neuro Evacuation Device for surgical removal of fluid and tissue from the ventricles and cerebrum. It sells its products through direct sales organizations and distributors. The company was incorporated in 2004 and is based in Alameda, California.
Sector: Surgical & Medical Instruments & Apparatus
Industry: Medical - Devices
Penumbra, Inc. NYSE:PEN Healthcare · Medical - Devices
AH Close $324.39 +0.00% vs close
AH Close $324.39 +0.00% vs close
All Press Release SEC Filings News
Press Release ● Major ⚠ 1
Penumbra's CAVT Technology Receives FDA Clearance for the Treatment of Deep Vein Thrombosis (DVT)
Penumbra received FDA clearance for its Lightning CAVT technology to treat deep vein thrombosis — the first cleared DVT indication among mechanical thrombectomy devices.
The clearance is supported by the BOLT-DVT IDE trial, which showed 98% complete or near-complete clot removal, an 18-minute median device time, a 3.1% 48-hour major adverse event rate, and a 3.9% 30-day re-thrombosis rate.
The indication opens an estimated 900,000 annual U.S. venous thromboembolism cases to advanced intervention, expanding Penumbra's addressable market; the company remains subject to a pending acquisition by Boston Scientific.
• 5d ago AI analysis › Press Release ⚠ 1
New STORM-PE Data Demonstrate Correlation Between Clinical Assessments and Real-world Functional Recovery Captured Through Wearable Technology in Patients with Pulmonary Embolism
Penumbra announced STORM-PE subset data showing the first significant correlation between wearable-derived daily step activity and the 6-minute walk test in pulmonary embolism patients, presented at the VIVA meeting.
CAVT plus anticoagulation showed improved right ventricular recovery and greater functional improvement versus anticoagulation alone, and a new 1,000-patient STRIKE-PE interim analysis continued to support CAVT safety and one-year quality-of-life benefits.
The findings strengthen the clinical evidence base for Penumbra's Lightning Flash CAVT portfolio, but the stock's dominant catalyst remains the pending acquisition by Boston Scientific Corporation.
• 19d ago AI analysis › News
IART vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 24d ago News
Penumbra (NYSE:PEN) Stock Price Breaks Below Fifty Day Moving Average – What’s Next?
defenseworld.net • 25d ago News
IART or PEN: Which Is the Better Value Stock Right Now?
zacks.com • 26d ago News
Reasons to Retain Penumbra Stock in Your Portfolio for Now
zacks.com • 1mo ago News
TFX vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 1mo ago News
TFX or PEN: Which Is the Better Value Stock Right Now?
zacks.com • 1mo ago News
TFX vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 2mo ago SEC Filing ⚠ 3
PEN: 10-Q · periodic report
Penumbra reported revenue of $390.0 million for the second quarter of 2026, an increase of 14.9% compared to the prior year, driven by sales growth in both thrombectomy and embolization products. Despite the top-line growth, net income decreased to $34.8 million from $45.3 million in the same period last year, primarily due to a $6.9 million increase in acquisition-related professional services and a higher effective tax rate.
The company remains in the process of being acquired by Boston Scientific Corporation under a definitive agreement signed in January 2026 for an enterprise value of approximately $14.5 billion. Shareholders will receive $374.00 per share in a mix of 73% cash and 27% Boston Scientific stock, with the transaction expected to close by the end of 2026 subject to regulatory approvals.
Separately, Penumbra disclosed that the estimated cost for its new manufacturing facility in Costa Rica increased by approximately $28 million to around $116 million due to scope and budget refinements. The company also reported $100.0 million of remaining authorization under its share repurchase program as of June 30, 2026.
SEC 10-Q • 2mo ago AI analysis › Press Release ⚠ 2
Penumbra, Inc. Reports Second Quarter 2026 Financial Results
Acquisition target Penumbra reported second-quarter revenue of $390.0 million, up 14.9% year-over-year, with gross profit margin expanding 190 basis points to 67.9%.
Global thrombectomy revenue increased 12.5% to $259.0 million, while embolization and access revenue grew 20.0% to $131.1 million.
Due to the pending acquisition by Boston Scientific, Penumbra did not provide full-year financial guidance and will not host a conference call.
• 2mo ago AI analysis › Press Release ● Major ⚠ 1
THUNDER Study Demonstrates Penumbra's THUNDERBOLT is Safe and Effective for Stroke Care
Penumbra announced positive results from the THUNDER IDE study for its THUNDERBOLT system, showing 87.5% successful reperfusion in stroke patients with large vessel occlusion.
The data demonstrated a high rate of complete clot ingestion at 83% and a median procedure time of 20 minutes, with a low 2.8% rate of serious adverse events.
THUNDERBOLT recently received FDA clearance and CE Mark; these findings support the clinical efficacy of the company's computer assisted vacuum thrombectomy technology.
• 3mo ago AI analysis › News
IQV vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 3mo ago Press Release
First Patient Enrolled in Penumbra's FORWARD Study Evaluating Mechanical Thrombectomy and Computer Assisted Vacuum Thrombectomy for Distal Acute Ischemic Stroke
Penumbra initiated the FORWARD study, enrolling the first patient to evaluate mechanical thrombectomy and Computer Assisted Vacuum Thrombectomy (CAVT) for distal acute ischemic stroke.
The real-world, multi-center study plans to enroll up to 250 participants across approximately 40 sites, focusing on Penumbra's RED reperfusion catheter portfolio and THUNDERBOLT platform for M2 occlusions.
This research aims to address distal vessel occlusions, which account for roughly 25-40% of acute ischemic strokes, by determining if thrombectomy benefits can extend to this complex patient population.
• 3mo ago AI analysis › SEC Filing
PEN: 8-K · proxy statement
Penumbra held its 2026 Annual Meeting of Stockholders on June 18, 2026. Stockholders elected three Class II directors, Arani Bose, M.D., Bridget O'Rourke, and Surbhi Sarna, to serve until the 2027 annual meeting.
The company's stockholders also ratified the selection of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2026. Additionally, the compensation of the company's named executive officers was approved on an advisory basis.
SEC 8-K • 4mo ago News
GMED vs. PEN: Which Stock Should Value Investors Buy Now?
zacks.com • 4mo ago Press Release ⚠ 2
Penumbra Expands CAVT for Stroke to Europe with CE Mark for THUNDERBOLT
Penumbra secured CE Mark approval for its THUNDERBOLT device, enabling the launch of its Computer Assisted Vacuum Thrombectomy (CAVT) technology in Europe.
THUNDERBOLT is the only CAVT device available for stroke treatment in both Europe and the US, introducing modulated aspiration to improve clot removal speed and completeness.
The release notes a pending acquisition by Boston Scientific, which introduces regulatory and operational uncertainty regarding the future independence of the PEN ticker.
• 4mo ago AI analysis › Press Release ● Critical ⚠ 1
Penumbra's THUNDERBOLT Receives FDA Clearance - Bringing Computer Assisted Vacuum Thrombectomy Technology to Stroke
Penumbra received FDA clearance for THUNDERBOLT, the first Computer Assisted Vacuum Thrombectomy (CAVT) platform designed to address acute ischemic stroke by enabling faster, more complete clot removal.
The technology leverages the Penumbra ENGINE to deliver modulated aspiration, a mechanism intended to minimize catheter manipulation and safely ingest clot at the site of occlusion.
THUNDERBOLT will be pre-packaged with Penumbra's existing RED family of catheters, including the RED 72 SILVER LABEL with SENDit technology, expanding the company's offerings in stroke care.
• 4mo ago AI analysis › News
GMED vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 8mo ago News
Artisan Small Cap Fund Q4 2025 Portfolio Activity
seekingalpha.com • 9mo ago News
Penumbra (PEN) Moves 11.8% Higher: Will This Strength Last?
zacks.com • 9mo ago News
Boston Scientific's $14.5B Acquisition of Penumbra Raises Investor Concerns
gurufocus.com • 9mo ago News
Boston Scientific to acquire Penumbra in $14.5B deal
proactiveinvestors.com • 9mo ago News
Boston Scientific Agrees to Buy Penumbra in $14.6 Billion Cardiovascular Deal
gurufocus.com • 9mo ago News
Boston Scientific to buy Penumbra in $14.5B deal to expand cardiovascular reach
invezz.com • 9mo ago News
Penumbra Stock Jumps. It's Being Bought by Boston Scientific for $14.5 Billion.
barrons.com • 9mo ago News
Boston Scientific is buying Penumbra for $14.5 billion, gaining entry to ‘fast-growing' vascular segments
marketwatch.com • 9mo ago News
Boston Scientific to Buy Penumbra for $15 Billion in Cash, Stock
wsj.com • 9mo ago News
Boston Scientific to buy Penumbra in deal valued at $14.5 billion
reuters.com • 9mo ago Press Release ● Major
Penumbra, Inc. Provides Preliminary Update on Fourth Quarter and Full Year 2025 Financial Results
prnewswire.com • 9mo ago Press Release ● Critical
Boston Scientific announces agreement to acquire Penumbra, Inc.
prnewswire.com • 9mo ago News
Penumbra, Inc. (PEN) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript
seekingalpha.com • 9mo ago News
CLPBY vs. PEN: Which Stock Is the Better Value Option?
zacks.com • 9mo ago News
Why Penumbra (PEN) is a Top Momentum Stock for the Long-Term
zacks.com • 9mo ago News
Penumbra (PEN) is an Incredible Growth Stock: 3 Reasons Why
zacks.com • 9mo ago News
Penumbra, Inc. (NYSE:PEN) Given Average Rating of “Moderate Buy” by Brokerages
defenseworld.net • 9mo ago News
Here's Why Penumbra (PEN) is a Strong Growth Stock
zacks.com • 9mo ago Press Release
Penumbra, Inc. to Present at the 44th Annual J.P. Morgan Healthcare Conference
prnewswire.com • 9mo ago News
Reasons to Retain Penumbra Stock in Your Portfolio for Now
zacks.com • 9mo ago News
Stocks At New Highs: Industrials Allient, Wabtec And A Health Care Name Trade In Or Near Buy Zones
investors.com • 10mo ago News
Here's Why Penumbra (PEN) is a Strong Growth Stock
zacks.com • 10mo ago News
GMED or PEN: Which Is the Better Value Stock Right Now?
zacks.com • 10mo ago News
Penumbra, Inc. (PEN) Presents at Piper Sandler 37th Annual Healthcare Conference Transcript
seekingalpha.com • 10mo ago News
Here's Why Penumbra (PEN) is a Strong Growth Stock
zacks.com • 10mo ago 11 law-firm class-action alerts 7 fund position changes (13F filings)