DexCom Earnings: Here’s Why the Stock is Falling Now
DexCom, Inc. (NASDAQ:DXCM) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 12.92%.
DexCom, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased to $-0.14 in the quarter versus EPS of $-0.21 in the year-earlier quarter.
Revenue: Rose 52.67% to $35.8 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: DexCom, Inc. reported adjusted EPS loss of $0.14 per share. By that measure, the company beat the mean analyst estimate of $-0.16. It beat the average revenue estimate of $31.14 million.
Key Stats (on next page)…