DexCom (DXCM) Misses Q1 EPS by 3c

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DexCom, Inc. Reports First Quarter 2016 Financial Results

April 27, 2016 4:01 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- DexCom, Inc. (Nasdaq: DXCM) today reported its unaudited financial results as of and for the quarter ended March 31, 2016.

First Quarter 2016 results:

Revenue grew to $116.2 million for the first quarter of 2016, an increase of 60% from the $72.8 million in revenue for the same quarter in 2015. Gross profit totaled $75.1 million for the first quarter of 2016, compared to a gross profit of $46.5 million for the same quarter in 2015. Net loss was $19.2 million, or $0.23 per share for the first quarter of 2016, compared to $12.9 million, or $0.17 per share for the same... More