secwatch.observer — SEC 8-K summary
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Issuer:     INSULET CORP (PODD)
CIK:        0001145197
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001145197-24-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Insulet Q2 revenue up 23% to $488.5M, beats guidance; raises FY2024 outlook
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- Revenue $488.5M (+23.2% YoY), exceeds high end of guidance of 18% constant currency growth.
- Omnipod revenue $480.4M (+26.3%); U.S. $352.3M (+27.3%), International $128.1M (+23.5%).
- GAAP net income $188.6M ($2.59 EPS) includes $151.7M valuation release; adjusted net income $38.3M ($0.55 EPS).
- Gross margin 67.7% (up 90bps) despite $13.5M inventory charge; operating margin 11.2% vs 7.8% prior year.
- Raises full-year 2024 revenue, gross margin, and operating margin guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145197/000114519724000037/0001145197-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145197/000114519724000037/podd-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001145197-24-000037

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