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Earnings Beats | How Do DXCM and COUR Achieve Surging Users and Beat Estimates?

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1. $DexCom(DXCM)$ +17.03%: Real-time continuous glucose monitor bring new customers The 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 paying users Revenue: $165.5 mln vs. estimates of $158.9 mln (4.21% beat) EPS: -$0.21 vs. estimates of -$0.26 (19.6% beat) Optimistic Q4 revenue guidance: $163 mln, also above estimates. Edutech company Coursera's strong performance was driven by a significant increase in paying users, reaching 136 million, up 23 million year on year. Coursera's growth was fueled by demand for new entry-level Professional Certificates launched in collaboration with major companies like $Alphabet(GOOG)$ , $IBM(IBM)$ , $Microsoft(MSFT)$ , and $Amazon.com(AMZN)$ Web Services.
Earnings Beats | How Do DXCM and COUR Achieve Surging Users and Beat Estimates?

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