
Dexcom, a glucose monitoring company, reported third-quarter earnings that exceeded sales estimates, generating revenue of $994.20 million, which represents a 1.97% year-over-year increase and beats expectations by $3.49 million. The company's earnings per share (EPS) stood at $0.45, a decline of 10% year-over-year, but still surpassed analyst forecasts by $0.02. Despite these positive results, Dexcom's stock experienced a pre-market decline of 3.6%. The company also announced a transition in its executive leadership, which may have contributed to the stock's downward movement. In related news, ResMed, a manufacturer of sleep apnea devices, reported quarterly profits that exceeded Wall Street estimates, driven by strong demand for its products. ResMed's performance has been buoyed by increasing interest in wearables that monitor sleep, which may positively impact its future sales.




ResMed $RMD weekly nice breakout Hard not to be bullish when on their earnings call, GLP-1 an actual tailwind + all the wearables tracking sleep now brings greater awareness...good for RMD https://t.co/A84lVmahi4
DexCom $DXCM has released its quarterly earnings. Revenue of $994.20M (+1.97% YoY) beats by $3.49M. EPS of $0.45 (-10.00% YoY) beats by $0.02.
ResMed $RMD is breaking out of Flat Base with a buy price of $255.18. It has a Composite Rating of 95 and a U/D Volume Ratio of 1.7. Earnings and sales have been accelerating over the last three quarters, and the number of Funds buying stocks has increased in the past four… https://t.co/R6hkpenSv0