SAN DIEGO (AP) — SAN DIEGO (AP) — DexCom Inc. (DXCM) on Thursday reported third-quarter earnings of $134.6 million.
The San Diego-based company said it had net income of 34 cents per share. Earnings, adjusted for one-time gains and costs, were 45 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The medical device company posted revenue of $994.2 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $991.6 million.
DexCom expects full-year revenue in the range of $4 billion to $4.05 billion.
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