DexCom (DXCM) Q1 Earnings Beat, Strong CGM Demand Continues

DexCom, Inc. (DXCM) reported first-quarter 2024 adjusted earnings per share (EPS) of 32 cents, which beat the Zacks Consensus Estimate of 27 cents by 18.5%. The company reported earnings of 17 cents per share in the prior-year quarter.DXCM registered GAAP net income per share of 36 cents, up from the year-ago quarter’s figure of 12 cents.Revenue DetailsTotal revenues grew 24% (25% on an organic basis) to $921 million on a year-over-year basis and beat the Zacks Consensus Estimate by 1.1%. Strong revenue gro ...