Profile
Sector:
HealthcareIndustry:
Medical DevicesCountry:
United StatesIPO:
14 April 2005Website:
http://www.dexcom.comNext earnings report:
07 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Sat, 23 Nov 2024 00:58:21 GMTDividend
Analysts recommendations
Institutional Ownership
DXCM Latest News
DXCM and OURA, a company that makes smart rings, are working together to help people make better choices about their diet, exercise, and general health.
On Tuesday, medical device company Dexcom announced that it will put $75 million into Ōura's newest funding round, which gives the smart ring company a valuation of more than $5 billion.
If you want to keep track of your vital signs like an Olympic athlete, you should be excited about the partnership between glucose-monitor company DexCom and Oura smart rings.
SAN DIEGO--(BUSINESS WIRE)--On this World Diabetes Day, DexCom, Inc. (NASDAQ: DXCM), a leader in glucose monitoring technology, is urging individuals with diabetes worldwide to start exploring their health. Research indicates that almost 70% of those diagnosed with diabetes felt unsure about how to begin their health journey, and nearly half reported that diabetes has restricted their ability to follow their interests. For National Diab.
The stocks of these mid-sized companies, which have strong competitive advantages, seem appealing because they are undervalued.
This medical device company is struggling, but it is not finished yet.
Investors probably believed that with an exciting new product available, the company should have shown more significant growth.
On Thursday, DexCom, Inc. (DXCM) announced third-quarter results that exceeded expectations.
In the third quarter of 2024, DXCM's earnings and revenues exceeded expectations, driven by the worldwide increase in CGM usage, robust Sensor sales, and entry into new markets.
Since my last negative article, DexCom's stock has dropped by 35%, supporting my "Sell" recommendation, even though previous negative predictions were wrong when the stock had doubled and tripled. The Q3 results revealed only a 2% increase in revenue and a 26% fall in operating income, with U.S. revenue decreasing by 1.6% while international revenue grew by 11.8%. Growing competition from Medtronic and Abbott Laboratories, along with slower growth rates, raises worries about Dexcom's ability to keep its market position.
What type of business is DexCom?
DexCom, Inc. is a company specializing in the development and production of medical equipment with headquarters in San Diego, California. It is mainly involved in the development and implementation of devices for continuous glucose monitoring (CGMS) in patients with diabetes. It was founded in 1999. The company's product portfolio includes DexCom G6 and DexCom G6 Pro (the first integrated type of CGMS approved by the FDA for use with other compatible medical devices and electronic interfaces), DexCom G5 Mobile (which allows the company's transmitter to run Software 505 algorithm and directly connect to the patient's compatible mobile device, including iPhone, iPod touch, iPad, and some Android devices), DexCom G4 PLATINUM, and DexCom Share.
What sector is DexCom in?
DexCom is in the Healthcare sector
What industry is DexCom in?
DexCom is in the Medical Devices industry
What country is DexCom from?
DexCom is headquartered in United States
When did DexCom go public?
DexCom initial public offering (IPO) was on 14 April 2005
What is DexCom website?
https://www.dexcom.com
Is DexCom in the S&P 500?
Yes, DexCom is included in the S&P 500 index
Is DexCom in the NASDAQ 100?
Yes, DexCom is included in the NASDAQ 100 index
Is DexCom in the Dow Jones?
No, DexCom is not included in the Dow Jones index
When was DexCom the previous earnings report?
No data
When does DexCom earnings report?
The next expected earnings date for DexCom is 07 February 2025