By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PulseReporterPulseReporter
  • Home
  • Entertainment
  • Lifestyle
  • Money
  • Tech
  • Travel
  • Investigations
Reading: Dexcom (DXCM) Q3 2024 earnings report
Share
Notification Show More
Font ResizerAa
PulseReporterPulseReporter
Font ResizerAa
  • Home
  • Entertainment
  • Lifestyle
  • Money
  • Tech
  • Travel
  • Investigations
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
PulseReporter > Blog > Money > Dexcom (DXCM) Q3 2024 earnings report
Money

Dexcom (DXCM) Q3 2024 earnings report

Last updated: October 24, 2024 10:08 pm
8 months ago
Share
Dexcom (DXCM) Q3 2024 earnings report
SHARE


Kevin Sayer, CEO, Dexcom

Scott Mlyn | CNBC

Shares of Dexcom fell 9% in prolonged buying and selling on Thursday after the corporate launched third-quarter outcomes that beat analysts’ expectations however confirmed a decline in U.S. income yr over yr.

This is how the corporate did:

  • Earnings per share: 45 cents adjusted vs. 43 cents anticipated by LSEG
  • Income:  $994 million vs. $990 million anticipated by LSEG

The corporate’s income elevated 2% to $994.2 million from $975 million a yr earlier. Dexcom’s U.S. income declined 2% from $713.6 million the prior yr. The corporate reported web revenue of $134.6 million, or 34 cents per share, up from $120.7 million, or 29 cents per share, in the identical interval final yr.

Dexcom presents a set of instruments like steady glucose screens (CGMs) for sufferers who’ve been recognized with diabetes. In August, it launched its first over-the-counter product known as Stelo, which is meant for adults who don’t take insulin.

The corporate maintained its full fiscal yr steerage and expects income of $4 billion to $4.05 billion. Final quarter, Dexcom lowered its steerage from the $4.20 billion to $4.35 billion it forecast within the first quarter.

This lowered steerage and a income miss brought about Dexcom shares to tumble greater than 40% following the discharge of its second-quarter ends in July. The corporate’s CEO Kevin Sayer attributed the challenges to a restructuring of the corporate’s gross sales workforce, fewer new clients than anticipated and decrease income per person.

Sayer mentioned in a name with traders Thursday that these issues improved in the course of the third quarter.

The corporate additionally introduced Teri Lawver, Dexcom’s chief industrial officer, will retire on the finish of the yr. Lawver will keep on as an adviser by means of early subsequent yr, and Sayer will lead the industrial group as Dexcom searches for a alternative.

You Might Also Like

Plunging German EV gross sales hampered Europe’s shift to electrical autos in 2024

Fintech earnings focus issues on tariffs, PayPal, Block, Affirm

$3,000 an hour: Is government teaching definitely worth the hype—or simply hype?

‘Massive, Lovely Invoice’ gained’t eradicate taxes on federal Social Safety advantages as Trump says it’s going to

Sports activities streaming service Venu is known as off

Share This Article
Facebook Twitter Email Print
Previous Article "Agatha All Alongside" Episode 7 Contains So Many Unbelievable Moments, So Right here Are All The Particulars You Would possibly've Missed "Agatha All Alongside" Episode 7 Contains So Many Unbelievable Moments, So Right here Are All The Particulars You Would possibly've Missed
Next Article One of the best presents for mothers in 2024 One of the best presents for mothers in 2024
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

More News

Select the Proper TV: Quantum Dots, HDR, RGB, and Extra in 2025
Select the Proper TV: Quantum Dots, HDR, RGB, and Extra in 2025
35 minutes ago
Folks Are VERYYYYYYYY Upset About These Beloved TV Exhibits' Finales, However I Wanna Know Your Ideas
Folks Are VERYYYYYYYY Upset About These Beloved TV Exhibits' Finales, However I Wanna Know Your Ideas
1 hour ago
Jonathan Bailey’s ‘Rooster Store Date’ is a delight from begin to end
Jonathan Bailey’s ‘Rooster Store Date’ is a delight from begin to end
2 hours ago
What credit score rating do you want to get Delta SkyMiles playing cards?
What credit score rating do you want to get Delta SkyMiles playing cards?
2 hours ago
Jana Kramer Stated Her “Ethical Compass” Is Generally Skewed By The “Stress” To Present For Her Children As She Admitted She Regrets Selling A Intercourse Toy
Jana Kramer Stated Her “Ethical Compass” Is Generally Skewed By The “Stress” To Present For Her Children As She Admitted She Regrets Selling A Intercourse Toy
2 hours ago

About Us

about us

PulseReporter connects with and influences 20 million readers globally, establishing us as the leading destination for cutting-edge insights in entertainment, lifestyle, money, tech, travel, and investigative journalism.

Categories

  • Entertainment
  • Investigations
  • Lifestyle
  • Money
  • Tech
  • Travel

Trending

  • Select the Proper TV: Quantum Dots, HDR, RGB, and Extra in 2025
  • Folks Are VERYYYYYYYY Upset About These Beloved TV Exhibits' Finales, However I Wanna Know Your Ideas
  • Jonathan Bailey’s ‘Rooster Store Date’ is a delight from begin to end

Quick Links

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Disclaimer
2024 © Pulse Reporter. All Rights Reserved.
Welcome Back!

Sign in to your account