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Penumbra, Inc. (PEN) CEO Adam Elsesser on Q1 2021 Results - Earnings Call Transcript

May 04, 2021 7:22 PM ETPenumbra, Inc. (PEN)
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Penumbra, Inc. (NYSE:PEN) Q1 2021 Earnings Conference Call May 4, 2021 4:30 PM ET

Company Participants

Stephen Dobson - Investor Relations

Adam Elsesser - Chairman & Chief Executive Officer

Maggie Yuen - Chief Financial Officer

Jason Mills - Executive Vice President of Strategy

Conference Call Participants

Robbie Marcus - JPMorgan

Larry Biegelsen - Wells Fargo

Brandon Vazquez - William Blair

Bob Hopkins - Bank of America


Good afternoon. My name is Katrina, and I will be your conference operator today. At this time, I would like to welcome everyone to Penumbra's First Quarter 2021 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would like to introduce Mr. Stephen Dobson, Investor Relations for Penumbra. Mr. Dobson, you may begin your conference.

Stephen Dobson

Thank you, operator, and thank you all for joining us on today's call to discuss Penumbra's earnings release for the first quarter of 2021. A copy of the press release and financial tables, which includes the GAAP to non-GAAP reconciliation, can be viewed under the Investors tab on our company website at www.penumbrainc.com.

During the course of this conference call, the company will make forward-looking statements pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial performance, commercialization, clinical trials, regulatory status, quality compliance, and business trends. Actual results could differ materially from those stated or implied by our forward-looking statements due to certain risks and uncertainties, including those referenced in our 10-Q for the year ended December 31, 2020 filed with the SEC.

As a result, we caution you against placing undue reliance on these forward-looking statements and we encourage you to review our periodic filings

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