Is DexCom Setting Up for a Breakout?

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The company recently reported a strong third quarter where both earnings and revenues beat expectations. This was driven by solid revenue from the Sensor segment. DXCM also saw revenue growth from both domestic and international sales. In fact, the company’s international foothold bodes well for future growth.

DXCM has a current ratio of 5.0, which indicates it has more than enough liquidity for short-term obligations. This has led to a Quality Grade of B in our POWR Ratings system. The company has also shown strong earnings and revenue growth.

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