SAN DIEGO (AP) _ DexCom Inc. (DXCM) on Wednesday reported second-quarter profit of $30.2 million.

On a per-share basis, the San Diego-based company said it had net income of 34 cents. Losses, adjusted for investment gains, came to 10 cents per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.

The medical device company posted revenue of $242.5 million in the period, also surpassing Street forecasts. Eleven analysts surveyed by Zacks expected $204.9 million.

DexCom expects full-year revenue of $925 million.

DexCom shares have risen 66 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $95.44, a climb of 43 percent in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DXCM at

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