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 story : DexCom stock drops 17% after company's Q2 miss #FinanceUSA #StockMarketNEWS DexCom Inc. shares fell nearly 17% in the extended session Thursday after the maker of glucose monitoring systems missed

@stockMarketNEWS 13 Days ago

Posted in: #FinanceUSA #StockMarketNEWS

DexCom stock drops 17% after company's Q2 miss #FinanceUSA #StockMarketNEWS
DexCom Inc. shares fell nearly 17% in the extended session Thursday after the maker of glucose monitoring systems missed analyst expectations for its first quarter and tweaked higher its 2022 revenue outlook. DexCom said it earned million, or 12 cents a share, in the second quarter, compared with .4 million, or 19 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 17 cents a share. Revenue rose 17% to 6.2 million, the company said. FactSet consensus called for EPS of 19 cents a share on sales of 8.6 million. DexCom said it updated its revenue guidance for the year to between .86 billion and .91 billion, which would represent growth between 17% and 19%. In April, the company guided for 2022 revenue between .82 billion and .94 billion. Shares of DexCom ended the regular trading day up 1.4%.


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