Why DexCom Stock Is Crashing Today
Shares of diabetes management equipment provider (NASDAQ: DXCM) had tumbled 17% by 11:15 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence. The culprit was the company's third-quarter earnings report, which was released after the market closed on Thursday.
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DexCom reported revenue of $1.21 billion in the third quarter, up 22% year over year, with U.S. revenue growing by 21% and international revenue growing by 22%. Adjusted net income was $0.61 per share, up from $0.45 per share in the prior-year period.
Source Fool.com
Dexcom Inc. Aktie
63,20 €
0,43 %
Starkes Buy-Sentiment bei Dexcom Inc. mit 39 Buy- gegenüber 1 Sell-Einschätzungen.
Die Community erwartet für Dexcom Inc. ein Kursziel von 79 €, was eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 63.2 € bedeuten könnte.
