Glucose monitor maker DexCom’s stock soars after big earnings beat, raised revenue outlook as real-time monitoring awareness grows

📆 26-10-23 22:51:00
📰 MarketWatch

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Shares of DexCom Inc.

shot up 15.3% to pace the S&P 500’s SPX, -1.18% after-hours gainers on Thursday, after of maker of glucose monitoring systems reported third-quarter profit that beat expectations by a wide margin, and boosted its revenue outlook. Net income rose to $120.7 million, or 29 cents a share, from $101.2 million, or 24 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share of 50 cents beat the FactSet consensus of 34 cents. Revenue grew 26.7% to $975.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Hilton beat earnings expectations and sees ‘meaningful uptick’ in openings, but stock fallsTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

General Dynamics stock set to snap longest losing streak in 4 years after earnings beat expectationsTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »