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Insulet surpasses Q3 earnings estimates, raises guidance

By Brian Buntz | November 5, 2020

InsuletInsulet (NSDQ:PODD) posted third-quarter results after market close yesterday that beat analysts’ consensus for the company.

The Acton, Mass.-based tubeless insulin pump manufacturer announced profits of $11.6 million or $0.17 per share on sales of $234 million for the three months ended September 30, 2020, for a bottom-line gain of 13.5% on sales growth of 21% compared with Q3 2019.

Insulet’s quarterly earnings of $0.18 surpassed the consensus estimate of $0.06 per share.

Get the full story on our sister site, MassDevice.


Filed Under: Drug Delivery
Tagged With: Insulet
 

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