Categories Earnings, Health Care

Tandem Diabetes (TNDM): Q4 2019 Earnings Snapshot

Earnings Update by AlphaStreet

—  Tandem Diabetes (NASDAQ: TNDM) reported earnings of $0.04 per share in the fourth quarter of 2019, vs $0.05 per share loss expected

— Q4 Sales grew 42% to $108.4 million, vs. $109.2 million expected

— Worldwide pump shipments increased 21% to 19,602 pumps in Q4

— For FY20, sales are estimated to be in the range of $450 million to $465 million, up 24% to 28%. Adjusted EBITDA is estimated to be 12% to 14%

— TNDM fell 3.8% immediately following the announcement.  

Browse through our earnings calendar and get all scheduled earnings announcements, analyst/investor conference and much more!

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