Penumbra Inc (NYSE:PEN)
$ 186.94 -13.07 (-6.53%) Market Cap: 7.26 Bil Enterprise Value: 7.66 Bil PE Ratio: 549.82 PB Ratio: 6.25 GF Score: 82/100

Penumbra Inc at Bank of America Healthcare Conference Transcript

May 10, 2022 / 11:40PM GMT
Release Date Price: $141.11 (+3.57%)
Travis Lee Steed
BofA Securities, Research Division - MD

Thanks for coming to one of the last presentations of the day. For medtech, we welcome to have Penumbra, Adam Elsesser, CEO. So glad to be here. Thank you.

Adam Elsesser
Penumbra, Inc. - Co-Founder, Chairman, President & CEO

Great.

Questions & Answers

Travis Lee Steed
BofA Securities, Research Division - MD

So I guess just before we get into like the Q1 and all this stuff, given some of the focus on competition and stuff, I just love to like level-set where you think we are in like the different markets you're in, like in terms of TAM and penetration, if you look at both stroke, arterial and venous just kind of take the 3 down and kind of see where we are today.

Adam Elsesser
Penumbra, Inc. - Co-Founder, Chairman, President & CEO

Yes. So from a penetration standpoint, where stroke is at about 25 -- let's use U.S. numbers just to be easier. We're about 25% penetrated. That stalled -- that went

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