Insulet Corporation (PODD) PT Raised to $53 at Jefferies Following Solid 4Q

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Insulet Reports Fourth Quarter and Full Year 2016 Financial Results

February 27, 2017 4:01 PM EST

Fourth Quarter Revenue of $103.6 Million, up 24% Year-Over-Year; Full Year 2016 Revenue of $367.0 Million, up 39% Year-Over Year, Exceeds Expectations

Fourth Quarter Gross Margin Improves to 58.8%; Full Year 2016 Gross Margin Improves to 57.5%

Insulet Expects Full Year 2017 Revenue Growth of Approximately 17% at the Mid-Point

BILLERICA, Mass.--(BUSINESS WIRE)-- Insulet Corporation (NASDAQ: PODD) (Insulet or the Company), the leader in... More