Tandem Diabetes Inc. shares gained nearly 7% in after-hours trading Tuesday, following preliminary quarterly sales information that lived up to reduced...
Tandem Diabetes Inc.
Mshares gained nearly 7% in after-hours trading Tuesday, following preliminary quarterly sales information that lived up to reduced guidance from the company. Tandem disclosed that it reached sales of $221 million in the fourth quarter, up from $210 million a year ago, for an annual total of $802 million. Executives reduced their annual guidance to adjusted revenue of $800 million to $805 million in November, part of a swoon in financial expectations and the company’s stock price in 2022.
M shares gained nearly 7% in after-hours trading Tuesday, following preliminary quarterly sales information that lived up to reduced guidance from the company. Tandem disclosed that it reached sales of $221 million in the fourth quarter, up from $210 million a year ago, for an annual total of $802 million. Executives reduced their annual guidance to adjusted revenue of $800 million to $805 million in November, part of a swoon in financial expectations and the company’s stock price in 2022.
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