Why Shares of Dexcom Are Gaining This Morning
Shares of continuous glucose monitor (CGM) maker Dexcom (NASDAQ: DXCM) are up more than 9% this morning after reporting sales and earnings that beat analyst estimates. Management also increased its full-year guidance for both metrics.
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Revenue grew 32% year over year in the period. That was the fastest pace of expansion since the same quarter last year. It has Wall Street excited that any impact from the pandemic is in the rearview mirror.
Source Fool.com
