Free Cash Flow And Share RepurchaseDXCM has the best FCF as a % of net income in Medtech and is tied with ISRG at the top as a % of revenue, giving DXCM flexibility to repurchase shares at a disclosed valuation.
Management Confidence And Shareholder ValueManagement has plans to repurchase shares, indicating confidence in the company’s future, and margins have meaningful expansion opportunities as the company moves past gross margin headwinds.
Revenue Growth And Market PerformanceQ3 US revenue was slightly ahead of CGe and above consensus estimates, with Stelo revenue exceeding $100M in the first year of launch.