earnings
confidence high
sentiment positive
materiality 0.75
Tandem Diabetes Q3 sales $179.6M (+45% YoY); raises FY2021 sales guidance to $685-695M
TANDEM DIABETES CARE INC
2021-Q3 EPS reported
$0.07
revenue$492,803,000
- Q3 sales $179.6M (+45% YoY); net income $5.8M vs loss $9.4M; adjusted EBITDA $26.9M (15% of sales).
- Worldwide pump shipments up 43% to 31,558; international shipments up 209% to 11,262.
- Full-year 2021 sales guidance raised to $685-695M from $670-685M; international guidance raised to $168-173M.
- Cash balance $595M, up $110M since Dec 2020; gross margin improved to 54% from 53%.
- Virtual R&D Day scheduled for December 6, 2021.