DexCom (DXCM) PT Raised to $100 at Piper Jaffray
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DexCom, Inc. Reports Second Quarter 2016 Financial Results
August 2, 2016 4:01 PM EDTSAN DIEGO--(BUSINESS WIRE)-- DexCom, Inc. (Nasdaq: DXCM) today reported its unaudited financial results as of and for the quarter ended June 30, 2016.
Second Quarter 2016 results:
Revenue grew to $137.3 million for the second quarter of 2016, an increase of 47% from the $93.2 million in revenue for the same quarter in 2015. Gross profit totaled $85.5 million for the second quarter of 2016, compared to a gross profit of $66.0 million for the same quarter in 2015. GAAP net loss was $20.2 million, or $0.24 per share for the second quarter of 2016, compared to $3.7 million, or $0.05 per share for... More
