DexCom (DXCM) Preliminary Q4 Revenues Ride on Sensor Demand

DexCom, Inc. (DXCM) recently announced preliminary revenue results for fourth-quarter 2023. The preliminary results drove up the company’s shares by 4.6% in the trading session on Jan 8.The company is scheduled to release fourth-quarter results on Feb 8.Per the preliminary report, fourth-quarter 2023 net sales are estimated to be at least $1.03 billion, up 26% year over year. The Zacks Consensus Estimate of $1.0 billion lies below the preliminary figure.The company recorded sales of approximately $765 milli ...