earnings
confidence high
sentiment positive
materiality 0.80
Insulet Q3 2023 revenue $432.7M (+27% YoY); raises FY revenue guidance to 26-27% growth
INSULET CORP
2023-Q3 EPS reported
$1.47
revenue$1,187,300,000
- Revenue $432.7M (+27% YoY); U.S. Omnipod $320.6M (+34.6%), International $101.4M (+15.2%).
- GAAP diluted EPS $0.74 (vs -$0.08 YoY); adjusted diluted EPS $0.71 (vs $0.45 YoY).
- Gross margin 67.8% (up 1250 bps); adjusted gross margin 67.3% (up 120 bps).
- Raised FY2023 revenue guidance to 26-27% growth; total Omnipod growth 29-30%.
- FDA cleared Omnipod 5 iOS App; limited market release early 2024; Omnipod 5 with G7 also early 2024.