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Stock impact report

Top-Ranked Diabetes Stock Outperforms Quarterly Views, But Pulls Outlook [Investor's Business Daily]

DexCom, Inc. (DXCM) 
Last dexcom, inc. earnings: 4/28 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: dexcom.com/investors
Related news Dexcom ( DXCM ) beat Wall Street's first-quarter expectations late Tuesday but pulled its 2020 outlook due to the coronavirus pandemic. As a result, DXCM stock surged in after-hours action. For the first quarter ended March 31, Dexcom earned 44 cents per share, minus certain items, on $405.1 million in sales. Dexcom earnings turned around from a 5-cent loss in the year-ago period. Sales grew 44% year over year. Both measures handily topped the average forecast of analysts surveyed by Zacks Investment Research for Dexcom earnings of 10 cents per share on $357 million in sales. Dexcom sells continuous glucose monitors for use in diabetes treatment. However, the company pulled its outlook for 2020 on uncertainty related to the coronavirus pandemic . Dexcom is continuing to prioritize the safety of its employees, customer service efforts and the broader needs of the health care industry, Chief Executive Kevin Sayer said in a written statement. "We continue to monitor develop Show less Read more
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