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Penumbra's (PEN) CEO Adam Elsesser on Q1 2022 Results - Earnings Call Transcript

May 03, 2022 11:32 PM ETPenumbra, Inc. (PEN)
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Penumbra, Inc. (NYSE:PEN) Q1 2022 Earnings Conference Call May 3, 2022 4:30 PM ET

Company Participants

Jee Hamlyn-Harris – Investor Relations

Adam Elsesser – Chairman and Chief Executive Officer

Maggie Yuen – Chief Financial Officer

Jason Mills – Executive Vice President-Strategy

Conference Call Participants

Larry Biegelsen – Wells Fargo

Robbie Marcus – JPMorgan

Joanne Wuensch – Citi

David Rescott – Truist Securities

Ryan Zimmerman – BTIG

Mike Matson – Needham & Company

Pito Chickering – Deutsche Bank


Hello, my name is Stephanie and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Penumbra, Inc. First Quarter 2022 Earnings 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. Jee Hamlyn-Harris, Investor Relations for Penumbra. You may begin your conference.

Jee Hamlyn-Harris

Thank you, operator. And thank you all for joining us on today's call to discuss Penumbra’s earning release for the first quarter of 2022. A copy of the press release and financial tables, which includes a 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-K for the year ended December 31, 2021, 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 with

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