DexCom, Inc. - DXCM STOCK NEWS

DexCom, Inc. (NASDAQ:DXCM) announced upcoming presentations at virtual investor conferences. Brice Bobzien, Vice President of Finance, will present at the SVB Leerink 11th Annual Global Healthcare Conference on February 16, 2022, at 5:00 PM (EST). Jereme Sylvain, Executive Vice President and CFO, will present at the Citi 2022 Healthcare Services Conference on February 23, 2022, at 10:15 AM (EST). Webcast links will be available on the Dexcom Investor Relations website, where they will also be archived for future access.

DexCom, Inc. (Nasdaq: DXCM) reported Q4 2021 revenue of $698.2 million, a 23% increase year-over-year, with U.S. growth at 15% and international at 54%. Full year revenue rose 27% to $2.45 billion. However, GAAP operating income fell sharply to $0.6 million, a decline of 1,820 basis points compared to Q4 2020. The company reiterated its 2022 revenue guidance of $2.82 - 2.94 billion. DexCom aims for a strong market position with the upcoming G7 CGM System and emphasized improved access to diabetes technology.

Dexcom, a leader in continuous glucose monitoring (CGM), announced that the Dexcom G6 CGM System is now publicly covered by Alberta Health for children under 18 requiring insulin therapy. This initiative aims to enhance diabetes management for young patients, reducing A1C levels and the likelihood of hypoglycemic incidents. With this expansion, Alberta joins other jurisdictions providing CGM coverage, facilitating access to crucial diabetes technology. The system offers real-time glucose monitoring, alerts, and support for families managing their child's diabetes effectively.

DexCom, Inc. (NASDAQ:DXCM) will release its fourth quarter and full year 2021 financial results after market close on February 10, 2022. A conference call to discuss the results will follow at 4:30 p.m. ET. Investors can access the call via phone or through a webcast on the investor relations website.

Headquartered in San Diego, California, DexCom focuses on innovative continuous glucose monitoring systems to improve diabetes management.

DexCom, Inc. (Nasdaq: DXCM) anticipates fourth quarter 2021 preliminary revenue of approximately $698 million, a 23% increase year-over-year. U.S. revenue is expected to reach $517 million (up 15%), while international revenue is estimated at $181 million, marking a growth of 54%. Full fiscal 2021 revenue is projected at $2.448 billion, a 27% increase. For 2022, guidance indicates a revenue range of $2.82 billion to $2.94 billion, representing 15-20% growth, driven by increasing CGM adoption.

DexCom, Inc. (NASDAQ:DXCM) announced that CEO Kevin Sayer will present at the 40th annual J.P. Morgan Healthcare Conference on January 10, 2022, starting at approximately 10:30 AM EST. The virtual presentation will be webcasted, and interested parties can access it through the DexCom Investor Relations website. DexCom is a leader in diabetes care technology, focusing on innovative continuous glucose monitoring (CGM) systems to improve diabetes management worldwide.

DexCom, Inc. (NASDAQ:DXCM) announced that Jereme Sylvain, CFO, will present an update at the 33rd Annual Piper Sandler Virtual Healthcare Conference on December 1, 2021, at 2:30 PM (ET). The presentation will be webcasted, and details can be found on the company's investor relations website.

Headquartered in San Diego, California, DexCom specializes in innovative continuous glucose monitoring (CGM) technologies, aiding diabetes management.

Dexcom (NASDAQ:DXCM) is promoting awareness during National Diabetes Awareness Month and World Diabetes Day by encouraging the diabetes community to engage in discussions about healthcare disparities.

Activities include a virtual Congressional testimony featuring Patti LaBelle advocating for better access to diabetes care, along with a campaign led by Nick Jonas on social media to highlight the experiences of people living with diabetes.

The focus is on improving global access to diabetes technology and emphasizing time in range as a key metric for diabetes management.

DexCom reported strong financial results for Q3 2021, with revenue of $650.2 million, a 30% increase from the prior year. U.S. revenue grew by 23%, while international revenues surged 57%. Operating income was $118.3 million, maintaining a healthy margin of 18.2%. DexCom received FDA clearance for two software solutions, enhancing its CGM ecosystem. The company also raised its full-year revenue guidance to approximately $2.425 - 2.450 billion with a projected growth rate of 26-27%.