Dexcom’s Q2 Earnings Exceed Wall Street Expectations; Holds G7 Launch

Dexcom expects 2020 revenues to reach $1.85bn driven by new patient adoption of its CGM device, but will not launch its next-gen G7 this year. 

Airliner in flight

DexCom, Inc., a leading developer of continuous glucose monitoring (CGM) systems, had plenty of wins to share with investors as it announced second-quarter results after the market closed on 28 July.

The San Diego, CA-based diabetes company reported second-quarter sales of $452m, well above the revenues of $416m predicted by a consensus among Wall Street analysts. Second-quarter revenues for 2020 marked a 34% increase year-over-year

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