Benchmark Upgrades Insulet Corporation (PODD) to Buy
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Insulet Reports Fourth Quarter and Full Year 2015 Financial Results
February 25, 2016 4:01 PM ESTBILLERICA, Mass., Feb. 25, 2016 /PRNewswire/ -- Insulet Corporation (NASDAQ: PODD), the leader in tubeless insulin pump technology with its OmniPod® Insulin Management System (OmniPod System), today announced financial results for the three months and full year ended December 31, 2015.       Â
Fourth Quarter Highlights and Recent Developments:
Fourth Quarter revenue of $100.1 million exceeds the Company's guidance of $86 to $96 million and represents year-over-year growth of 38%. U.S. OmniPod revenue up 21% to $52.9 million. International OmniPod revenue up 16% to $15.4 million. Drug Delivery revenue of $14.7 million (prior year was $0.8 million).... More