Tandem Diabetes (TNDM) Misses Q2 EPS by 82c, Revenues Beat; Offers FY18 Revenue Outlook

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Go back to Tandem Diabetes (TNDM) Misses Q2 EPS by 82c, Revenues Beat; Offers FY18 Revenue Outlook

Tandem Diabetes Care Reports Second Quarter 2018 Financial Results

July 30, 2018 4:05 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- Tandem Diabetes Care®, Inc. (NASDAQ: TNDM), a medical device company and manufacturer of the only touchscreen insulin pump available in the United States, today reported its financial results for the quarter ended June 30, 2018.

Second Quarter 2018 Results

In comparing the second quarter of 2018 to the same period of 2017:

Pump shipments increased 59 percent to 5,447 pumps from 3,427 pumps Sales increased 60 percent to $34.1 million from $21.3 million Operating margin improved to negative 41 percent from negative 89 percent

... More