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.

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