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DexCom Q1 Non-GAAP Earnings, Revenue Rise; 2024 Revenue Guidance Gains; Shares Fall After Hours
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DexCom Q1 Non-GAAP Earnings, Revenue Rise; 2024 Revenue Guidance Gains; Shares Fall After Hours
Apr 25, 2024 1:55 PM

04:43 PM EDT, 04/25/2024 (MT Newswires) -- DexCom ( DXCM ) reported Q1 non-GAAP earnings late Thursday of $0.32 per diluted share, up from $0.17 a year earlier.

Analysts surveyed by Capital IQ expected $0.27.

Revenue in the quarter ended March 31 rose to $921 million from $741.5 million a year earlier.

Analysts surveyed by Capital IQ expected $910.9 million.

The company expects 2024 revenue of $4.2 billion to $4.35 billion, compared with $4.15 billion to $4.35 billion forecast previously. Analysts surveyed by Capital IQ expect $4.33 billion.

Shares of the company fell 7.3% in after-hours trading.

Price: 127.90, Change: -10.11, Percent Change: -7.33

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