earnings
confidence high
sentiment positive
materiality 0.85
Dexcom Q2 revenue $871.3M (+25% YoY), raises FY 2023 guidance
DEXCOM INC
2023-Q2 EPS reported
$0.40
revenue$1,612,800,000
- Revenue $871.3M (+25% YoY); GAAP EPS $0.28, non-GAAP EPS $0.34.
- Raised FY 2023 revenue guidance to $3.50-3.55B (20-22% growth); Non-GAAP op margin ~17%.
- International revenue +38% reported (+40% organic); U.S. +21%.
- GAAP op margin 14.7% (+360 bps YoY); Non-GAAP op margin 18.2% (+360 bps).
- Initiated commercial production at Malaysia facility; completed $1.25B convertible notes offering.