earnings
confidence high
sentiment positive
materiality 0.75
Dexcom Q4 2023 revenue $1.03B, up 27%; GAAP EPS $0.62; FY2024 guidance $4.15-4.35B
DEXCOM INC
2023-FY EPS reported
$1.30
revenue$3,622,300,000
- Q4 2023 revenue $1.03B (+27% YoY); GAAP operating income $216.9M (21.0% margin).
- GAAP net income $256.3M ($0.62 diluted EPS) vs $91.8M ($0.22) in Q4 2022.
- Full-year 2023 revenue $3.62B (+24% YoY); GAAP operating margin 16.5% (+310 bps).
- 2024 guidance: revenue $4.15-4.35B (16-21% organic growth); non-GAAP op margin ~20%.
- Submitted Stelo glucose sensor for type 2 diabetes (non-insulin) and direct-to-watch feature to FDA.