Earnings Beats | How Do DXCM and COUR Achieve Surging Users and Beat Estimates?
@Tiger_Earnings:
1. $DexCom(DXCM)$ +17.03%: Real-time continuous glucose monitor bring new customersThe maker of glucose monitoring system DexCom Inc. (DXCM) surged 17% after Q3 earnings significantly exceeded expectations.Adjusted EPS: 50 cents, outperformed the FactSet consensus of 34 cents.Revenue: $975.0 mln, surpassed the expected $939.6 mln.The strong performance was driven by volume growth and new customer additions due to increased awareness of their real-time continuous glucose monitor (CGM).Additionally, the company raised its revenue guidance for 2023, further boosting investor confidence in the stock.2. $Coursera, Inc.(COUR)$ +10.59%: Collaboration with major companies leads to significant increase in pay