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Dexcom Stock Soars on Earnings and Revenue Beat

Dexcom stock jumped after the medical device company beat earnings and revenue expectations for the third quarter, and tweaked its fiscal-year revenue guidance. Dexcom (ticker: DXCM) reported third-quarter revenue of $769.6 million, an 18% increase from a year earlier, and adjusted earnings per share of 28 cents, up from 22 cents last year. Dexcom, which makes continuous glucose monitoring systems, also updated its fiscal-year revenue guidance range to $2.88 billion to $2.91 billion.

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