04:34 PM EDT, 07/25/2024 (MT Newswires) -- DexCom ( DXCM ) reported Q2 non-GAAP earnings late Thursday of $0.43 per diluted share, up from $0.34 a year earlier.

Analysts surveyed by Capital IQ expected $0.39.

Revenue in the quarter ended June 30 rose to $1.0 billion from $871.3 million a year earlier. Analysts surveyed by Capital IQ expected $1.04 billion.

The company said it expects Q3 revenue of about $975 million to $1 billion. Analysts expect $1.15 billion.

For full year 2024, the company now expects revenue of about $4.0 billion to $4.05 billion. It previously projected $4.2 billion to $4.35 billion. Analysts are looking for $4.33 billion.

The company unveiled a $750 million share repurchase program.

Shares tumbled past 34% in after-hours activity.

Price: 70.88, Change: -36.97, Percent Change: -34.28