Camden National: Q2 Earnings Snapshot
UNITED STATES, JUL 30 – Penumbra, Inc. reported improved profitability and operational efficiency driven by higher thrombectomy product sales and favorable product mix, reflecting growing demand in the U.S. market.
- A July 29 release reports total revenue of $339.5 million, with U.S. thrombectomy revenue at $188.5 million, reflecting regional growth and decline.
- Market demand and productivity improvements powered favorable product mix and productivity improvements boosted gross margin ex-impairment.
- Profitability improved with net income of $45.3 million, yielding a 13.3% margin, and adjusted EBITDA reached $61.4 million, representing an 18.1% margin.
- A webcast will follow the earnings announcement, with Todd DeBonis, President and CEO, and CFO Haley Aman hosting a conference call at 2:00 p.m. Pacific Time.
- As the company enters the second half of 2025, management expects gross margin expansion supported by favorable product mix and productivity improvements.
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Leaning Left14Leaning Right4Center30Last UpdatedBias Distribution63% Center
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- 63% of the sources are Center
63% Center
L 29%
C 63%
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