Insulet Q4 rev +38% YoY; FY2023 rev $1.7B (+30%), net income $206M, adj EPS $2.75

INSULET CORP

2023-FY EPS reported $2.94 revenue$1,697,100,000

FY2023 revenue $1.7B (+30% actual, +29.6% constant currency); Q4 revenue +38% YoY.
Gross margin 68.3% (up 660bps); operating income $220M (13.0% of rev) vs $37.6M.
Net income $206.3M ($2.94 diluted EPS) vs $4.6M ($0.07); adj EPS $2.75 vs $1.30.
U.S. Omnipod revenue $1.3B (+41.4%); International $410.1M (+13%).
Revenue includes $20-25M accelerated from Q1 2024 due to ERP system change on Jan 1, 2024.

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

INSULET CORP reported financial results for the three months and full year ended December 31, 2023.

Period: the three months and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 22, 2024, Insulet Corporation (the “Company”) announced its financial results for the fourth quarter and year ended December 31, 2023.

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INSULET CORP filing history →

Source: SEC EDGAR

accession 0001145197-24-000010

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