Stock Analysis
- United States
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- Medical Equipment
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- NasdaqGS:DXCM
DexCom Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
DexCom (NASDAQ:DXCM) Third Quarter 2022 Results
Key Financial Results- Revenue: US$769.6m (up 18% from 3Q 2021).
- Net income: US$101.2m (up 16% from 3Q 2021).
- Profit margin: 13% (in line with 3Q 2021).
- EPS: US$0.26 (up from US$0.23 in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DexCom Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 5.9%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 26% from a week ago.
Risk Analysis
You still need to take note of risks, for example - DexCom has 1 warning sign we think you should be aware of.Valuation is complex, but we're helping make it simple.
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