Tandem Diabetes (TNDM) Tops Q4 EPS by 7c, Beats on Revenues; Offers FY18 Revenue Outlook Above Consensus
Note: EPS may not be comparable
Tandem Diabetes (NASDAQ: TNDM) reported Q4 EPS of ($1.23), $0.07 better than the analyst estimate of ($1.30). Revenue for the quarter came in at $40 million versus the consensus estimate of $37.99 million.
2018 Guidance
For the year ending December 31, 2018, the Company is providing the following guidance on a GAAP basis:
1. Sales are estimated to be in the range of $132 million to $140 million
- Sales for the first quarter of 2018 are estimated to be 18 percent - 19 percent of annual sales
2. Operating margin is estimated to be in the range of negative 40 percent to negative 35 percent, which includes:
- Approximately $4.0 million to $5.0 million in non-cash, stock-based compensation expense
- Approximately $7.0 million to $8.0 million of depreciation and amortization
GUIDANCE:
Tandem Diabetes sees FY2018 revenue of $132-140 million, versus the consensus of $132.53 million.
For earnings history and earnings-related data on Tandem Diabetes (TNDM) click here.
