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Stock impact report

Tandem Diabetes Care Announces Third Quarter 2024 Financial Results and Increases Full Year 2024 Sales Guidance

Tandem Diabetes Care, Inc. (TNDM) 
Last tandem diabetes care, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.tandemdiabetes.com
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--Tandem Diabetes Care, Inc. (Nasdaq: TNDM), a global insulin delivery and diabetes technology company, today reported its financial results for the quarter ended September 30, 2024 and increased sales guidance for the year ending December 31, 2024.Third Quarter 2024 HighlightsWorldwide GAAP sales increased 31 percent to $244.0 million compared to third quarter 2023; worldwide non-GAAP sales(1) increased 25 percent to $242.9 million compared to third quarter 2023.Grew worldwide pump shipments by more than 25 percent compared to third quarter 2023.Achieved year-over-year growth in new pump starts in the United States, including growth in new customers starting from multiple daily injections.Demonstrated positive Adjusted EBITDA and a return to positive free cash flow.Completed clinical study in support of a regulatory filing to expand the indication for Control-IQ to include people living with type 2 diabetes.“The third quarter marked a milestone achieveme Show less Read more
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