Investing.com - Penumbra (NYSE:PEN) Inc reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Penumbra Inc announced earnings per share of $0.01 on revenue of $213.7M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $212.42M.
Penumbra Inc shares are down 12% from the beginning of the year, still down 47.69% from its 52 week high of $290.36 set on December 31, 2021.
Penumbra Inc follows other major Healthcare sector earnings this month
Penumbra Inc's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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