RE: LeoThread 2024-10-25 09:33

[taskmaster4450le]

Dexcom shares fall on slow revenue growth

Dexcom shares fell Thursday after the company released third-quarter results that showed slow revenue growth.

Shares of Dexcom fell 9% in extended trading on Thursday after the company released third-quarter results that beat analysts' expectations but showed a decline in U.S. revenue year over year.

#dexcom #technology #revenue

Comments

[taskmaster4450le]

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: 45 cents adjusted vs. 43 cents expected
Revenue: $994 million vs. $990 million expected

[taskmaster4450le]

The company's revenue increased 2% to $994.2 million from $975 million a year earlier. Dexcom's U.S. revenue declined 2% from $713.6 million the prior year. The company reported net income of $134.6 million, or 34 cents per share, up from $120.7 million, or 29 cents per share, in the same period last year.

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Article

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How it works

Dexcom's CGM systems use a small sensor that is inserted under the skin using a needle. The sensor is connected to a small chip that measures glucose levels in the interstitial fluid, which is the fluid that surrounds the cells in the body. The sensor sends the glucose data to a receiver, which can be a mobile app, a wristwatch, or a separate receiver.

The sensor measures glucose levels every few minutes, and the data is sent to the receiver in real-time. The receiver can be programmed to send alerts and notifications when the glucose levels are outside a target range, allowing users to take action to manage their glucose levels.

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Components of the system

The Dexcom CGM system consists of several components:

1. Sensor: The sensor is a small device that is inserted under the skin using a needle. It is connected to a small chip that measures glucose levels in the interstitial fluid.
2. Transceiver: The transceiver is a small device that sends the glucose data from the sensor to the receiver.
3. Receiver: The receiver is a device that displays the glucose data and sends alerts and notifications to the user.
4. Mobile app: The mobile app is a software program that allows users to view their glucose data, set alarms, and receive notifications.

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Types of Dexcom CGM systems

Dexcom offers several types of CGM systems, including:

1. G5: The G5 is Dexcom's most popular CGM system. It uses a sensor that lasts for 10-14 days and sends glucose data to a receiver that can be a mobile app, a wristwatch, or a separate receiver.
2. G6: The G6 is a newer CGM system that uses a sensor that lasts for 10-15 days. It also sends glucose data to a receiver that can be a mobile app, a wristwatch, or a separate receiver.
3. Flex: The Flex is a CGM system that uses a sensor that lasts for 14 days. It also sends glucose data to a receiver that can be a mobile app, a wristwatch, or a separate receiver.
4. SEVEN: The SEVEN is a CGM system that is designed for people with type 2 diabetes. It uses a sensor that lasts for 10-14 days and sends glucose data to a receiver that can be a mobile app, a wristwatch, or a separate receiver.

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Features and benefits

Dexcom's CGM systems offer several features and benefits, including:

1. Real-time glucose monitoring: Dexcom's CGM systems provide real-time glucose monitoring, allowing users to track their glucose levels over time.
2. Alerts and notifications: Dexcom's CGM systems can send alerts and notifications when the glucose levels are outside a target range, allowing users to take action to manage their glucose levels.
3. Trend arrows: Dexcom's CGM systems provide trend arrows, which are arrows that appear on the graph to indicate the direction of the glucose trend.

[taskmaster4450le]

1. Hypoglycemia alerts: Dexcom's CGM systems can send alerts and notifications when the glucose levels are low, allowing users to take action to prevent hypoglycemia.
2. Remote access: Dexcom's CGM systems allow users to access their glucose data remotely, allowing them to track their levels over time.

[taskmaster4450le]

User experience

Using a Dexcom CGM system can be a convenient and effective way to manage glucose levels. Here are some benefits of using a Dexcom CGM system:

1. Convenience: Dexcom's CGM systems are small and discreet, making them easy to wear.
2. Accuracy: Dexcom's CGM systems are highly accurate, providing real-time glucose monitoring.
3. Ease of use: Dexcom's CGM systems are easy to use, with a simple and intuitive interface.
4. Peace of mind: Dexcom's CGM systems can provide peace of mind for people with diabetes, allowing them to track their glucose levels over time and receive alerts and notifications when their glucose levels are outside a target range.

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Who is Dexcom for?

Dexcom's CGM systems are designed for people with diabetes, including those with type 1 and type 2 diabetes, as well as people with other conditions that affect glucose levels, such as insulinoma or pancreatitis.

Cost

The cost of Dexcom's CGM systems can vary depending on the type of system and the frequency of replacement sensors. Here are some approximate costs:

1. G5: The G5 costs around $400-$500, with replacement sensors costing around $100-$150.
2. G6: The G6 costs around $600-$700, with replacement sensors costing around $150-$200.
3. Flex: The Flex costs around $300-$400, with replacement sensors costing around $100-$150.
4. SEVEN: The SEVEN costs around $1,000-$1,200, with replacement sensors costing around $200-$250.