Penumbra’s thrombectomy business leads 16% quarterly sales growth
Penumbra ($PEN) reported third-quarter 2026 revenue of $410.1 million, up 15.6%, as demand for its clot-removal systems expanded. Thrombectomy sales increased 18.1% to $279.2 million, including 26% growth in the US venous-thromboembolism business. Revenue from embolization and access products rose 10.8% to $131.0 million, providing growth across both operating categories. Gross margin improved by half a percentage point to 68.3%. Operating income reached $50.7 million and net income was $42.3 mi
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