DexCom Inc. Q3 Profit Increases, Beats Estimates

(RTTNews) - DexCom Inc. (DXCM) reported earnings for its third quarter that Increased from last year and beat the Street estimates.

The company's bottom line came in at $283.8 million, or $0.70 per share. This compares with $134.6 million, or $0.34 per share, last year.

Excluding items, DexCom Inc. reported adjusted earnings of $242.5 million or $0.61 per share for the period.

Analysts on average had expected the company to earn $0.57 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 21.6% to $1.209 billion from $994.2 million last year.

DexCom Inc. earnings at a glance (GAAP) :

-Earnings: $283.8 Mln. vs. $134.6 Mln. last year. -EPS: $0.70 vs. $0.34 last year. -Revenue: $1.209 Bln vs. $994.2 Mln last year.

-Guidance: Full year revenue guidance: $4.630 - $4.650 Bln