Tandem Diabetes (TNDM) Tops Q4 EPS by 22c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

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Tandem Diabetes Care Reports 2018 Financial Results and 2019 Financial Guidance

February 26, 2019 4:05 PM EST

SAN DIEGO--(BUSINESS WIRE)-- Tandem Diabetes Care, Inc. (NASDAQ: TNDM), a leading insulin delivery and diabetes technology company, today reported its financial results for the quarter and year ended December 31, 2018 and financial guidance for the year ending December 31, 2019.

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

Pump shipments increased 133 percent to 16,168 pumps from 6,950 pumps Sales increased 89 percent to $76.2 million from $40.3 million Operating margin improved to 1 percent from negative 24 percent

In comparing the year ended December 31, 2018 to the same period of 2017:

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