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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.
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DexCom, Inc. releases its annual Sustainability Report, showcasing advancements in corporate sustainability disclosures, including expanded greenhouse gas emissions data and increased transparency in pay-equity practices. The report highlights key initiatives aligned with Dexcom's core values and business strategy, emphasizing its commitment to stakeholders and global health through access to CGM technology.
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DexCom, Inc. (DXCM) plans to release its first quarter 2024 financial results on April 25, 2024. A conference call will be held to review the performance, starting at 4:30 p.m. (Eastern Time) on the same day.
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DexCom, Inc. (NASDAQ:DXCM) announces FDA clearance for Stelo, the first glucose biosensor in the US that doesn't require a prescription. Stelo, a small wearable sensor worn on the back of the upper arm, will provide glucose insights directly to a user's smartphone. Created by the makers of Dexcom G7, Stelo aims to empower people with Type 2 diabetes not using insulin to take control of their health. Available summer 2024, Stelo will cater to the approximately 25 million people in the US living with Type 2 diabetes who do not use insulin and can benefit from continuous glucose monitoring technology.
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DexCom, Inc. announced new clinical evidence supporting the use of continuous glucose monitoring (CGM) for automated insulin delivery systems, showcasing benefits for Type 2 diabetes management and reduced mortality in Type 1 and Type 2 diabetes. The company launched G7 in 16 new markets and Dexcom ONE+ in eight markets, with 'Direct-to-watch' functionality for Apple Watch. Dexcom's AID systems, in partnership with Tandem and Insulet, demonstrated significant health outcomes with low event rates of severe hypoglycaemia and diabetic ketoacidosis. Clinical studies also highlighted the effectiveness of CGM in improving HbA1c and glucose range for Type 2 diabetes. Dexcom continues to innovate and expand access to its CGM technology globally.
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DexCom, Inc. (DXCM) will present an update at the 45th Annual Raymond James Institutional Investors Conference. The live presentation by Sean Christensen, VP of Finance and Investor Relations, will be webcasted on March 5th.
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DexCom, Inc. (Nasdaq: DXCM) reported strong financial results for the fourth quarter and fiscal year ended December 31, 2023. Revenue grew 27% to $1.03 billion in the fourth quarter and 24% to $3.62 billion for the full year. The company also achieved significant operating income and net income growth. Strategic highlights include the submission of Dexcom's new glucose sensor for people with type 2 diabetes to the FDA for review and partnerships with Tandem Diabetes Care and Beta Bionics for insulin pump connectivity. The company has reiterated its fiscal year 2024 guidance with expected revenue of approximately $4.15 - 4.35 billion and non-GAAP operating margin of approximately 20%.
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Dexcom, Inc. (Nasdaq: DXCM) has launched its latest continuous glucose monitoring (CGM) system, Dexcom ONE+, in Spain, Belgium, and Poland, with the Netherlands launching next week. The system is designed to make it easier for people with Type 1 and Type 2 diabetes to manage their condition and see their glucose readings without painful fingerpricks. Dexcom ONE+ incorporates user and healthcare professional feedback, offering personalization, flexibility, and the highest waterproof rating when compared to other CGM brands.
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DexCom, Inc. (DXCM) plans to release its Q4 and FY 2023 financial results on February 8, 2024, followed by a conference call to review performance. The call will be webcast and archived on the investor relations website. Dial-in details are provided for listening to the conference call.
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Dexcom, Inc. (Nasdaq: DXCM) has broken ground on its new state-of-the-art manufacturing facility in Athenry, Co. Galway, creating over 1,000 jobs and representing one of the biggest single private sector investments in the West of Ireland. The facility will produce millions of Dexcom rtCGM sensors annually, helping improve the lives of people with diabetes in EMEA.
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Dexcom, Inc. (Nasdaq: DXCM) has announced the launch of the Dexcom G7 Continuous Glucose Monitoring (CGM) System, which now connects with the t:slim X2 insulin pump by Tandem Diabetes Care in countries across Europe and in South Africa. The system combines the power and accuracy of Dexcom G7 with the discretion of the Tandem t:slim X2. Dexcom is recognized as the most clinically studied CGM brand with AID capabilities, with more than 1 million patient years of cumulative use. New results from the COMISAIR seven-year follow up show significant and continued reduction of HbA1c as well as a lower risk of the development or progression of diabetic retinopathy associated with the use of real-time CGM by people with Type 1 diabetes. Dexcom G7 is the fastest CGM connected to the t:slim X2 insulin pump, with a 30-minute sensor warmup time, and offers industry-leading remote monitoring capabilities.
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FAQ
What is the current stock price of Dexcom (DXCM)?
The current stock price of Dexcom (DXCM) is $88.37 as of February 28, 2025.
What is the market cap of Dexcom (DXCM)?
The market cap of Dexcom (DXCM) is approximately 35.2B.
What does DexCom, Inc. specialize in?
DexCom, Inc. specializes in continuous glucose monitoring (CGM) systems for diabetic patients.
When was DexCom, Inc. founded?
DexCom, Inc. was founded in 1999.
What are some of DexCom's key products?
Key products include the Dexcom G6 and Dexcom G7 CGM systems.
How do DexCom's CGM systems benefit diabetic patients?
DexCom's CGM systems provide real-time glucose readings, helping patients and clinicians better manage diabetes.
What recent achievements has DexCom made?
Recent achievements include international market expansion and continuous product enhancements.
How is DexCom integrating its CGM systems with other technologies?
DexCom is integrating its CGM systems with insulin pumps from Insulet and Tandem for automatic insulin delivery.
What is the significance of DexCom's strategic partnerships?
Strategic partnerships enhance DexCom's market presence and technological capabilities.
What is DexCom's approach to innovation?
DexCom is committed to innovation, focusing on research and development to advance diabetes management.
How does DexCom support the community?
DexCom empowers patients, caregivers, and clinicians by delivering effective diabetes management solutions.
What financial trends are seen in DexCom's performance?
DexCom has shown robust growth with increasing revenues and strong market performance.
Dexcom Inc
Nasdaq:DXCM
DXCM Rankings
DXCM Stock Data
35.19B
386.16M
0.31%
97.21%
2.26%
Medical Devices
Surgical & Medical Instruments & Apparatus
United States
SAN DIEGO