Categories Earnings, Health Care

DexCom (NASDAQ: DXCM): Q4 2019 Earnings Snapshot

— DexCom, Inc. (NASDAQ: DXCM) reported its fourth-quarter 2019 adjusted earnings of $1.15 per share versus $0.74 per share expected.

— Total revenue grew by 37% to $462.8 million versus $442.38 million expected. This is driven by volume growth, strong new patient additions as well as an increase in awareness of real-time CGM.

Earnings Update by AlphaStreet

— The US revenue increased by 34% year-over-year and the international revenue jumped by 52%.

— Revenue from the sensor increased by 42% for the fourth quarter. Transmitter revenue jumped by 46% while receiver revenue plunged by 35%.

— Looking ahead into the full year 2020, the company reaffirmed revenue outlook in the range of $1.725-1.775 billion. This is in line with the consensus view of $1.77 billion.

— The revenue outlook is driven by strong growth in sensor volumes, continued international expansion, shifting channel mix and overall market dynamics.

— The gross margin is still expected to be about 64% and the adjusted operating margin is predicted to be about 13%. The adjusted EBITDA margin outlook is about 23%.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips.

Most Popular

SJM Earnings: Key quarterly highlights from J.M. Smucker’s Q3 2024 financial results

The J.M. Smucker Co. (NYSE: SJM) reported third quarter 2024 earnings results today. Net sales increased 1% year-over-year to $2.23 billion. Organic sales increased 6%. Net income decreased 42% to

Earnings Preview: Autodesk (ADSK) looks set to deliver another strong quarter

Autodesk, Inc. (NASDAQ: ADSK) has constantly diversified its business over the years, distributing across multiple industries and geographies. Those initiatives have enabled the company to better prepare itself for the

What to look for when Hormel Foods (HRL) reports Q1 2024 earnings

Shares of Hormel Foods Corporation (NYSE: HRL) stayed red on Monday. The stock has dropped 5% over the past three months. The branded food company is slated to report its

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top