earnings
confidence high
sentiment positive
materiality 0.85
Dexcom Q4 revenue $815.2M (+17% YoY); G7 CGM FDA cleared; guides 2023 rev $3.35-3.49B
DEXCOM INC
2022-FY EPS reported
$0.82
revenue$2,909,800,000
- Q4 2022 revenue $815.2M (+17% reported, +20% organic); U.S. +17%, international +15% (organic +27%).
- GAAP operating income $125.4M (15.4% margin) vs $0.6M in Q4 2021; non-GAAP operating income $172.1M (21.1% margin).
- GAAP EPS $0.22 diluted; non-GAAP EPS $0.34 diluted; cash & marketable securities $2.46B.
- FDA cleared Dexcom G7 CGM for ages 2+; rollout in U.S. market in 2023.
- FY2023 guidance: revenue $3.35-3.49B (15-20% growth); non-GAAP gross margin 62-63%; non-GAAP op margin ~16.5%; Adj. EBITDA margin ~26%.