Investor ConcernsSofter US performance in Q3 makes it tougher in the near-term to assuage investor fears of a slowing market.
Market Share LossDXCM lost incremental market share in the DME channel compared to 2Q24, contributing to a 2% year-over-year decline in U.S. revenue.
Revenue DeclineDXCM's 2% U.S. revenue decline in 3Q was several points worse than analysts expected, and with U.S. price/mix headwinds spiking to an all-time high, it could be at least several quarters before DXCM's U.S growth returns to double-digits.