Dexcom reported strong fourth-quarter results, surpassing analyst expectations with profits of $267.3 million and sales of $1.259 billion, marking a 13% increase. Key highlights include the launch of the Dexcom G7 15 Day CGM and FDA clearance for its smart CGM-integrated basal dosing optimizer. Following the announcement, Dexcom’s shares saw a 1% rise in post-market trading.
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Dexcom beats Street in Q4 on 13% sales growth
Dexcom reported strong fourth-quarter results, surpassing analyst expectations with profits of $267.3 million and sales of $1.259 billion, marking a 13% increase. Key highlights include the launch of the Dexcom G7 15 Day CGM and FDA clearance for its smart CGM-integrated basal dosing optimizer. Following the announcement, Dexcom’s shares saw a 1% rise in post-market trading.