DexCom: Q4 Earnings Snapshot

Associated Press Finance
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SAN DIEGO (AP) — SAN DIEGO (AP) — DexCom Inc. (DXCM) on Thursday reported fourth-quarter net income of $256.3 million.

The San Diego-based company said it had profit of 62 cents per share. Earnings, adjusted for one-time gains and costs, were 50 cents per share.

The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The medical device company posted revenue of $1.03 billion in the period, which matched Street forecasts.

For the year, the company reported profit of $541.5 million, or $1.30 per share. Revenue was reported as $3.62 billion.

DexCom expects full-year revenue in the range of $4.15 billion to $4.35 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DXCM at https://www.zacks.com/ap/DXCM

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