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.
Image source: Getty Images.
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
50,26 €
-2,54 %
Die Community ist sich einig: Dexcom Inc. nur mit Buy-Einschätzungen, keine Sell-Einschätzungen.
Eine erhebliche Steigerung um mehr als 50% ist für Dexcom Inc. mit einem Kursziel von 85 € im Vergleich zum aktuellen Kurs von 50.26 € zu erwarten.
