Tandem Diabetes Shares Rise 33% On Earnings Beat, Margin Expansion, Growth Outlook

The stock is moving higher as the broader market is experiencing positive momentum, with the Nasdaq up 0.62% today, contributing to the bullish sentiment.Earnings SnapshotTandem Diabetes on Thursday reported a smaller-than-expected fourth quarter adjusted loss of one cent compared to the consensus loss of eight cents.Sales increased 3% year over year to $290.4 million, beating the consensus of $277.03 million.Adjusted gross profit jumped from 51% to 58%. The company reported adjusted operating profit of $8. ...