DexCom, Inc. reported notable first-quarter revenues of $1.19 billion, marking a 15% increase from the previous year and exceeding market expectations. The company's earnings per share hit 56 cents, surpassing estimates of 47 cents. Despite a slight decline in stock value this year, analysts express increased confidence, reaffirming a positive outlook supported by DexCom's growth in product accessibility and user base.
“Autodesk, Visa and DexCom make Wall Street's list of top-rated stocks this month.”
“DexCom stock is off about 3% so far this year, but bulls say that makes DXCM a bargain buy.”
“DXCM · is slated for release · after Thursday's close · true”
“Dexcom · maintained · annual revenue expectations · $5.16 billion to $5.25 billion”
“Analysts · expect · Dexcom's annual revenue · $5.23 billion”
“Dexcom · reported · quarterly revenue · $1.19 billion”
“Dexcom · reported · year-over-year revenue growth · 15%”
“Dexcom · posted · adjusted quarterly profit · 56 cents per share”
“Dexcom · reiterated · full-year revenue forecast · true”
“Dexcom · reported quarterly revenue · $1.19 billion · up 15% year-over-year”
“Dexcom · posted quarterly profit · 56 cents per share · above estimates of 47 cents per share”
“Dexcom · first-quarter earnings per share · reported · 56 cents”
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