Welcome to our dedicated page for DexCom news (Ticker: DXCM), a resource for investors and traders seeking the latest updates and insights on DexCom stock.
DexCom, Inc. (DXCM) is a leading medical device company founded in 1999, specializing in continuous glucose monitoring (CGM) systems. These systems provide a significant advancement over traditional blood glucose meters, offering real-time glucose readings for diabetic patients. DexCom's innovative CGM technology empowers patients and clinicians to better manage diabetes, contributing to improved health outcomes.
DexCom's flagship products include the Dexcom G6 and the newly developed Dexcom G7 CGM systems. These devices offer features such as customizable alerts, seamless app integration, and data sharing capabilities. The company is also working on integrating their CGM systems with insulin pumps from Insulet and Tandem Diabetes Care, Inc., enabling automatic insulin delivery for more efficient diabetes management.
Recent achievements include the expansion into international markets and the continuous enhancement of their product lineup through research and development. Financially, DexCom has shown robust growth with increasing revenues and solid market performance, reflecting the growing demand for advanced diabetes management solutions.
The company has established strategic partnerships with key players in the medical device industry, further enhancing their market presence and technological capabilities. DexCom is committed to innovation, patient empowerment, and improving the quality of life for people with diabetes worldwide.
DexCom (NASDAQ:DXCM) will present updates at three upcoming virtual investor conferences. Quentin Blackford, COO and CFO, will speak at the Citi Healthcare Conference on February 24, 2021, at 1:30 PM (EST). Jereme Sylvain, SVP of Finance, will present on February 25, 2021, at the SVB Leerink Global Healthcare Conference at 3:40 PM (EST) and again on March 1, 2021, at the Raymond James Institutional Investors Conference at 10:50 AM (EST). Webcasts will be available on the Dexcom Investor Relations website for future reference.
DexCom (Nasdaq: DXCM) has launched Dexcom Ventures, aiming to invest in innovative technologies that enhance its core diabetes monitoring business. The fund, led by Steve Pacelli, will focus on sensing technology, data analytics, and remote patient monitoring. CEO Kevin Sayer states that this move accelerates growth opportunities and supports developments in glucose sensing and metabolic monitoring. Dexcom Ventures marks the company's entry into venture capital, emphasizing its commitment to strategic investments to improve healthcare outcomes.
DexCom reported strong financial results for Q4 and the fiscal year ended December 31, 2020. Q4 revenue reached $568.9 million, a 23% increase year-over-year, while full-year revenue grew 31% to $1.93 billion. Operating income for Q4 was $104.0 million, with a GAAP operating margin of 18.3%. The company announced a strategic expansion of its sales force and secured reimbursement for its G6 CGM system in France. For 2021, DexCom projects revenue between $2.21 billion and $2.31 billion, indicating 15-20% growth.
DexCom, the leader in continuous glucose monitoring, has launched its first-ever Super Bowl commercial featuring Nick Jonas. Airing on February 7, 2021, the ad emphasizes the need for better diabetes care and aims to increase awareness about the Dexcom G6 CGM system, which eliminates painful finger pricks. The commercial highlights the outdated finger-prick method still used by millions of diabetics. DexCom plans to partner with diabetes nonprofits to promote better access to CGM technology.
DexCom, Inc. (NASDAQ:DXCM) is set to release its fourth quarter and full year 2020 financial results on February 11, 2020, after market close. A conference call will follow at 4:30 p.m. ET, available via webcast on the investor relations website. This release marks a significant opportunity for investors to assess the company's performance in the diabetes care technology sector, where DexCom is a recognized leader.
DexCom (Nasdaq: DXCM) anticipates fourth quarter 2020 revenue of at least $567 million, marking a 23% increase year-over-year. U.S. revenue is projected at approximately $451 million, a 20% rise, while international revenue could reach $116 million, up 33%. For the full fiscal year, revenue is expected to be around $1.925 billion, over 30% growth compared to 2019. Looking ahead, DexCom projects 2021 revenue of $2.21 billion to $2.31 billion, a growth of 15% to 20%, driven by sensor volume increases and international expansion.
DexCom (NASDAQ:DXCM) announces that CEO Kevin Sayer will present an update at the 39th annual J.P. Morgan Healthcare Conference on January 11, 2021. The virtual presentation is set to begin at approximately 11:40 AM EST and will be available via a concurrent webcast.
Investors can access the webcast link through the Dexcom IR website under 'Events and Presentations.' DexCom is recognized for its innovative continuous glucose monitoring (CGM) systems, aiding diabetes management globally.
DexCom, Inc. (NASDAQ:DXCM) has announced management presentations at two upcoming virtual investor conferences. Steve Pacelli, Executive Vice President of Strategy and Corporate Development, will present at the Stifel Virtual Healthcare Conference on November 16, 2020, at 11:20 AM (EST) and at the Piper Sandler Healthcare Conference on December 1, 2020, at 3:00 PM (EST). Webcasts of these events will be available on the Dexcom Investor Relations website, where they will also be archived for future access.
DexCom, Inc. (NASDAQ:DXCM) will host an Investor Day on December 9, from 8:30 AM to 11:30 AM PST. The virtual event will feature presentations from management and industry leaders discussing market opportunities, business strategy, and long-term financial outlook.
The webcast will be available without pre-registration, accessible at dexcom2020investorday.com, and a replay will follow shortly after the event concludes.
DexCom, Inc. (NASDAQ:DXCM) will host an Investor Day on December 9, from 8:30 AM to 11:30 AM PST. The event will be virtual and feature presentations from management and industry leaders discussing the company’s market opportunities, business strategy, innovation, and long-term financial outlook. A live webcast will be available without pre-registration at dexcom2020investorday.com. A replay will be accessible shortly after the event concludes.
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