From Yahoo Finance: 2025-05-02 22:23:00

The stock market closed strong last Friday with all major indices posting gains. The Nasdaq led with a 1.51% increase, followed by the S&P 500 at 1.47% and the Dow Jones at 1.39%. Ten companies stood out with impressive earnings performance and positive outlooks for the year.

DexCom, Inc. (DXCM) saw a 16.17% surge on Friday, closing at $81.62 per share. The company reported a 12.49% revenue growth in Q1 and maintained its outlook for the rest of the year. Revenues increased to $1.036 billion, while net income declined by 28% to $105.4 million.

CEO Kevin Sayer of DexCom, Inc. (DXCM) announced plans to launch the Dexcom G7 15-Day system and expand global access to their glucose biosensors. The company expects full-year revenues to rise by 14% to $4.6 billion, with an adjusted EBITDA margin expanding by 30% year-on-year.

Despite its strong performance, DXCM ranks 6th among Friday’s top performers. While DXCM shows potential as an investment, AI stocks are seen as having greater promise for higher returns in a shorter time frame. Consider exploring AI stocks for more promising opportunities.

Read more: Why DexCom, Inc. (DXCM) Went Up On Friday