Shares of DexCom (DXCM) jumped more than 15% to pace the 澳洲幸运5开奖号码历史查询:S&P 500's advancers Friday, a day after the maker of glucose monitoring devices for people with diabetes reported better-than-expected quarterly revenue and announced a $750 million 澳洲幸运5开奖号码历史查询:stock buyback program.

After the closing bell Thursday, San Diego-based DexCom reported first-quarter revenue that grew 12% year-over-year to $1.04 billion. Analysts surveyed by Visible Alpha expected $1.02 billion. Adjusted earnings per share of 32 cents missed estimates by🌌 a penny.

DexCom affirmed its full-year outlook for revenue of $4.6 billion, adjusted 澳洲幸运5开奖号码历史查询:operating margin of approximately 21%, and adjusted 澳洲幸运5开奖号码历史查询:EBITDA margin of about 30%.

However, it lowered its 2025 projection for adjusted 澳洲幸运5开奖号码历史查询:gross profit margin to approximately 62% because of "incremental costs related to near-term supply dynamiℱcs."

Friday's surge moved shares of DexCom into positive territory for 2025. At around $81, they're still a bit off Visible Alpha's average analyst price target, which is currently a bit above $98.