Penumbra Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents

Penumbra Inc Q2 2021 Earnings Call Summary

Penumbra Inc Q2 2021 Earnings Call Summary - Thomson StreetEvents
Penumbra Inc Q2 2021 Earnings Call Summary
Published Aug 09, 2021
Published Aug 09, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of PEN.N earnings conference call or presentation 9-Aug-21 8:30pm GMT

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Penumbra Inc
Ticker
PEN.N
Time
8:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: William John Plovanic - Canaccord Genuity Corp., Research Division - Analyst : Firstly, I'd just like to start off with the neurovascular business. I mean that's a number that we haven't seen since 2019. They are almost reaching new highs. And I'm just kind of curious, the impact of the JET 7 Xtra Flex recall; I hate to bring up the past. But just making sure, where are we in terms of moving through that? How many accounts did you think you've lost or ended up coming back? And kind of are we done seeing any impact from that, and it's kind of base move forward from here?

Question: William John Plovanic - Canaccord Genuity Corp., Research Division - Analyst : Okay. And then if I could follow up with your SG&A spend was up about $10 million on about $15 million of revenue. So it seems like you're investing forward pretty significantly. Is that in people? Is that U.S., OUS? Any color would be greatly appreciated.

Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : Great. Congrats on a great quarter. Maybe another financial question here. There's not much to nitpick at the quarter. But one thing, gross margin came in a little bit below where the Street was thinking. Anything onetime in nature or anything we should know? And how should we think about maybe the balance of third and fourth quarter?

Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : Okay. Great. Maybe just a quick follow-up. REAL VR looks like 4 or 3 versions you're spreading out. Can you give us any sense of what each are tailored for? What the market receptivity has been like so far? And what you think the demand is in the field now that there is better reimbursement that allows for remote usage of this?

Table Of Contents

Penumbra Inc Investor Day Transcript – 2021-09-21 – US$ 54.00 – Edited Transcript of PEN.N corporate analyst meeting</ 21-Sep-21 4:00pm GMT

Penumbra Inc at Morgan Stanley Global Healthcare Conference (Virtual) Transcript – 2021-09-14 – US$ 54.00 – Edited Transcript of PEN.N presentation 14-Sep-21 3:00pm GMT

Penumbra Inc at Wells Fargo Virtual Healthcare Conference Transcript – 2021-09-09 – US$ 54.00 – Edited Transcript of PEN.N presentation 9-Sep-21 4:40pm GMT

Penumbra Inc at Canaccord Genuity Growth Conference (Virtual) Transcript – 2021-08-11 – US$ 54.00 – Edited Transcript of PEN.N presentation 11-Aug-21 3:00pm GMT

Penumbra Inc Q2 2021 Earnings Call Transcript – 2021-08-09 – US$ 54.00 – Edited Transcript of PEN.N earnings conference call or presentation 9-Aug-21 8:30pm GMT

Penumbra Inc at William Blair Growth Stock Conference (Virtual) Transcript – 2021-06-01 – US$ 54.00 – Edited Transcript of PEN.N presentation 1-Jun-21 8:20pm GMT

Penumbra Inc at Bank of America Global Research Healthcare Conference (Virtual) Transcript – 2021-05-11 – US$ 54.00 – Edited Transcript of PEN.N presentation 11-May-21 3:45pm GMT

Penumbra Inc Q1 2021 Earnings Call Summary – 2021-05-04 – US$ 54.00 – Edited Brief of PEN.N earnings conference call or presentation 4-May-21 8:30pm GMT

Penumbra Inc Q1 2021 Earnings Call Transcript – 2021-05-04 – US$ 54.00 – Edited Transcript of PEN.N earnings conference call or presentation 4-May-21 8:30pm GMT

Penumbra Inc at Citi Healthcare Services, Medtech, Tools, & HCIT Virtual Conference Transcript – 2021-02-24 – US$ 54.00 – Edited Transcript of PEN.N presentation 24-Feb-21 8:20pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Penumbra Inc Q2 2021 Earnings Call Summary" Aug 09, 2021. Alacra Store. May 13, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Penumbra-Inc-Earnings-Call-B14922153>
  
APA:
Thomson StreetEvents. (2021). Penumbra Inc Q2 2021 Earnings Call Summary Aug 09, 2021. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-Penumbra-Inc-Earnings-Call-B14922153>
  
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