DexCom (DXCM) Beats on Q4 Earnings, Strong CGM Demand Continues

DexCom, Inc. (DXCM) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 50 cents, which beat the Zacks Consensus Estimate of 43 cents by 16.3%. The company reported earnings of 34 cents per share in the prior-year quarter.DXCM registered GAAP net income per share of 62 cents, up from the year-ago quarter’s figure of 22 cents.Revenue DetailsTotal revenues grew 27% (26% on an organic basis) to $1.03 billion on a year-over-year basis and beat the Zacks Consensus Estimate by 0.4%. Strong revenue g ...