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Tandem Diabetes Care (TNDM) Stock News, Jan-May 2024

TNDM Nasdaq

Tandem Diabetes Care reports developments in automated insulin delivery and diabetes technology. The company manufactures and sells pump systems including Tandem Mobi and the t:slim X2 insulin pump, both powered by Control-IQ+ advanced hybrid closed-loop technology. News commonly covers FDA clearances, pump and mobile-app compatibility, continuous glucose monitoring integrations, and product portfolio updates for people with diabetes.

Company updates also address quarterly and annual operating results, worldwide and U.S. sales trends, pump shipments, gross margin, financial guidance, reimbursement-model changes, investor conference presentations, and capital actions such as convertible debt financing.

Rhea-AI Summary

Tandem Diabetes Care (NASDAQ: TNDM) will present a company update at the Jefferies Global Healthcare Conference on June 6, 2024, at 8:00 am Eastern Time (5:00 am Pacific Time).

The update will be webcast live, with an archive available for 30 days on the company’s Investor Center website.

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Rhea-AI Summary

Tandem Diabetes Care, Inc. (NASDAQ: TNDM) reported a 13% increase in worldwide GAAP sales to $191.7 million and a 12% increase in non-GAAP sales to $192.8 million for the first quarter of 2024. The company launched Tandem Mobi with Dexcom G6 CGM sensor integration and t:slim X2 with Abbott Freestyle Libre 2 Plus CGM sensor integration in the US, among other initiatives. The increase in pump shipments and financial results showcased positive growth. However, the company reported a net loss for the quarter.

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Tandem Diabetes Care, Inc. (TNDM) will present at investor conferences on May 15 and May 29, 2024, providing company updates. The presentations will be webcast live and archived for 30 days.

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FAQ

What is the current stock price of Tandem Diabetes Care (TNDM)?

Tandem Diabetes Care (TNDM) last closed at $16.01.

What is the market cap of Tandem Diabetes Care (TNDM)?

The market cap of Tandem Diabetes Care (TNDM) is approximately $1.1B.