From Yahoo Finance: 2025-05-02 14:33:00

Shares of DexCom (DXCM) soared over 15% after reporting strong quarterly revenue and announcing a $750 million stock buyback program. First-quarter revenue reached $1.04 billion, exceeding analyst expectations. Adjusted earnings per share missed estimates by one cent. DexCom reaffirmed its full-year revenue outlook of $4.6 billion, with operating margin around 21% and EBITDA margin near 30%. However, the company adjusted its 2025 gross profit margin projection to approximately 62% due to increased costs. Despite this, shares of DexCom are now in positive territory for 2025, currently trading at $81. Analysts have an average price target of over $98.



Read more at Yahoo Finance: DexCom Stock Rockets Higher To Lead S&P 500 Gainers