Tandem Diabetes (TNDM) Tops Q3 EPS by 15c, Updates Guidance

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Tandem Diabetes Care Reports Third Quarter 2015 Financial Results

October 29, 2015 4:06 PM EDT

SAN DIEGO, Oct. 29, 2015 /PRNewswire/ -- Tandem Diabetes Care®, Inc. (NASDAQ: TNDM), a medical device company and manufacturer of the t:slim®, t:flex®  and t:slim G4 Insulin Pumps, today reported its financial results for the quarter ended September 30, 2015. 

In comparing the third quarter of 2015 to the same period of 2014:

Sales grew 16 percent to $15.7 million from $13.5 million Pump shipments grew 17 percent to 3,431 pumps from 2,935 pumps Operating margin improved to negative 119 percent from negative 141 percent

In comparing the nine months ended September 30, 2015 to the same period of... More