ALAMEDA, Calif. (AP) _ Penumbra Inc. (PEN) on Thursday reported a loss of $2.3 million in its third quarter.
On a per-share basis, the Alameda, California-based company said it had a loss of 6 cents. Earnings, adjusted for non-recurring costs, came to 1 cent per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The medical device maker posted revenue of $213.7 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $212.4 million.
Penumbra expects full-year revenue in the range of $840 million to $845 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a PEN">Zacks stock report on PEN at https://www.zacks.com/ap/PEN