Recap: DexCom Q2 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of DexCom (NASDAQ:DXCM) increased 1% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 887.50% year over year to $0.79, which beat the estimate of $0.35.

Revenue of $451,800,000 rose by 34.30% year over year, which beat the estimate of $415,390,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $1,850,000,000 and $1,850,000,000.

How To Listen To The Conference Call

Date: Jul 28, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/e6y8exrx

Price Action

Company's 52-week high was at $446.50

52-week low: $138.28

Price action over last quarter: Up 22.44%

Company Profile

Dexcom designs and commercializes continuous glucose monitoring (CGM) systems for diabetics. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company sells three different pieces of equipment, a sensor, a transmitter, and a receiver.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Earnings