S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Tandem Diabetes Shares Gain 8% After Sales Rise and CEO Change

Tandem Diabetes shares climbed 8% to $19.50 in after-hours trading after the company reported higher third-quarter sales and appointed Jeannette Bankes as chief executive. The stock had closed down 6%.

Tandem Diabetes Shares Gain 8% After Sales Rise and CEO Change

Third-quarter sales increased 14% to $283.7 million. U.S. sales rose 9%, while international revenue grew 27%, the diabetes technology company said.

Tandem’s net loss narrowed to $7.1 million, or 10 cents a share, from $21.2 million, or 31 cents a share, a year earlier. The company reaffirmed its full-year guidance.

Bankes succeeds John Sheridan, whose planned retirement is set for the end of 2026 after more than a decade at the company. She has held positions at GE Healthcare, Merck, Boston Scientific and Alcon.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!