DexCom reports preliminary Q4 revenue ≥$1.03B (+26% YoY); FY2024 guidance $4.15-4.35B

DEXCOM INC

2023-FY EPS reported $1.30 revenue$3,622,300,000

Preliminary Q4 2023 revenue at least $1.030B, up 26% YoY; FY2023 revenue ~$3.62B (+24%).
FY2024 revenue guidance $4.15-4.35B, representing organic growth of 16-21%.
Non-GAAP gross profit margin guidance 63-64% for FY2024; operating margin ~20%.
Submitted Stelo glucose sensor for type 2 non-insulin users to FDA; expected U.S. launch summer 2024.
U.S. Q4 revenue ~$765M (+26% YoY); international ~$265M (+27% YoY).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DEXCOM INC reported the fourth quarter ended December 31, 2023 results: revenue $1.030 billion.

Period: the fourth quarter ended December 31, 2023
Revenue: $1.030 billion
Result: preliminary results

Exact text from the filing

preliminary, unaudited revenue for the fourth quarter ended December 31, 2023 is expected to be at least $1.030 billion

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DEXCOM INC reported fiscal year 2024 results: revenue $4.15 billion to $4.35 billion. Guidance initiated.

Period: fiscal year 2024
Revenue: $4.15 billion to $4.35 billion
Guidance: initiated
Result: guidance update

Exact text from the filing

For 2024, Dexcom currently anticipates total revenue of approximately $4.15 billion to $4.35 billion

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DEXCOM INC reported fiscal year 2023 results: revenue $3.62 billion.

Period: fiscal year 2023
Revenue: $3.62 billion
Result: preliminary results

Exact text from the filing

For fiscal year 2023, total preliminary, unaudited revenue is expected to be approximately $3.62 billion

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Source: SEC EDGAR

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