Tandem Diabetes Care Q3 2023 Adj EPS $(0.38) Misses $(0.34) Estimate, Sales $185.62M Miss $192.34M Estimate
Portfolio Pulse from totan@benzinga.com
Tandem Diabetes Care (NASDAQ:TNDM) reported Q3 2023 losses of $(0.38) per share, missing the analyst consensus estimate of $(0.34) by 11.76%. This is a 40.74% decrease from the same period last year. The company also reported quarterly sales of $185.62 million, missing the analyst consensus estimate of $192.34 million by 3.49%. This is a 9.25% decrease from the same period last year.
November 01, 2023 | 8:14 pm
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Tandem Diabetes Care's Q3 2023 earnings missed estimates, with a larger loss per share and lower sales than expected.
Tandem Diabetes Care reported a larger loss per share and lower sales than expected for Q3 2023. This underperformance is likely to negatively impact the company's stock price in the short term.
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