Welcome to our dedicated page for DexCom news (Ticker: DXCM), a resource for investors and traders seeking the latest updates and insights on DexCom stock.
DexCom, Inc. (DXCM) is a leading medical device company founded in 1999, specializing in continuous glucose monitoring (CGM) systems. These systems provide a significant advancement over traditional blood glucose meters, offering real-time glucose readings for diabetic patients. DexCom's innovative CGM technology empowers patients and clinicians to better manage diabetes, contributing to improved health outcomes.
DexCom's flagship products include the Dexcom G6 and the newly developed Dexcom G7 CGM systems. These devices offer features such as customizable alerts, seamless app integration, and data sharing capabilities. The company is also working on integrating their CGM systems with insulin pumps from Insulet and Tandem Diabetes Care, Inc., enabling automatic insulin delivery for more efficient diabetes management.
Recent achievements include the expansion into international markets and the continuous enhancement of their product lineup through research and development. Financially, DexCom has shown robust growth with increasing revenues and solid market performance, reflecting the growing demand for advanced diabetes management solutions.
The company has established strategic partnerships with key players in the medical device industry, further enhancing their market presence and technological capabilities. DexCom is committed to innovation, patient empowerment, and improving the quality of life for people with diabetes worldwide.
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
Headquartered in
DexCom, Inc. (Nasdaq: DXCM) anticipates fourth quarter 2021 preliminary revenue of approximately
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%.
DexCom (NASDAQ:DXCM) has launched its Time in Range Campaign in the UK, aimed at promoting awareness and adoption of the time-in-range metric in diabetes management. Despite the clinical benefits, a recent UK survey shows fewer than 50% of people with insulin-treated diabetes utilize this metric. Key findings reveal that 83% feel better when spending more time in range, yet 59% do not track it. Additionally, access to continuous glucose monitoring (CGM) technology varies significantly due to the UK's postcode lottery, affecting availability for many.
DexCom (NASDAQ:DXCM) will release its third quarter 2021 financial results after market close on October 28, 2021. A conference call to discuss the results will take place at 4:30 p.m. ET on the same day, with a webcast available on the DexCom investor relations website. Investors can join the call by dialing (800) 446-1671 or (847) 413-3362 for international calls, using confirmation number '49591484'. DexCom is a leader in diabetes management, providing innovative continuous glucose monitoring systems.
FAQ
What is the current stock price of DexCom (DXCM)?
What is the market cap of DexCom (DXCM)?
What does DexCom, Inc. specialize in?
When was DexCom, Inc. founded?
What are some of DexCom's key products?
How do DexCom's CGM systems benefit diabetic patients?
What recent achievements has DexCom made?
How is DexCom integrating its CGM systems with other technologies?
What is the significance of DexCom's strategic partnerships?
What is DexCom's approach to innovation?
How does DexCom support the community?
What financial trends are seen in DexCom's performance?
