ALAMEDA, Calif. (AP) _ Penumbra Inc. (PEN) on Tuesday reported first-quarter net income of $79,000.

The Alameda, California-based company said it had profit of less than 1 cent on a per-share basis. Losses, adjusted for pretax gains, were 1 cent per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.

The medical device maker posted revenue of $203.9 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $196 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PEN at https://www.zacks.com/ap/PEN

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