earnings
confidence high
sentiment negative
materiality 0.80
Dexcom Q2 rev $1.004B (+15%); GAAP EPS $0.35; lowers FY rev guidance to $4.00-4.05B
DEXCOM INC
2024-Q2 EPS reported
$0.71
revenue$1,925,300,000
- Revenue $1.004B (+15% YoY); US +19%, intl +7% reported; organic growth 16%.
- GAAP EPS $0.35, Non-GAAP EPS $0.43; GAAP operating income $158.0M (15.7% margin).
- FY2024 revenue guidance lowered to ~$4.00-4.05B (11-13% organic); Q3 rev guidance $975M-$1.00B.
- Announces $750M share repurchase program authorized through June 30, 2025.
- CEO Kevin Sayer acknowledges execution shortfall but cites long-term growth opportunity.