Tandem Diabetes Care (NASDAQ:TNDM) shares are surging on Friday following the company’s recent financial results and guidance for 2026.
The stock is moving higher as the broader market is experiencing positive momentum, with the Nasdaq up 0.62% today, contributing to the bullish sentiment.
• Tandem Diabetes Care shares are climbing with conviction. Why is TNDM stock up today?
Earnings Snapshot
Tandem Diabetes on Thursday reported a smaller-than-expected fourth quarter adjusted loss of one cent compared to the consensus loss of eight cents.
Sales increased 3% year over year to $290.4 million, beating the consensus of $277.03 million.
Adjusted gross profit jumped from 51% to 58%. The company reported adjusted operating profit of $8.3 million versus a loss $30.2 million reported a year ago.
Guidance
Tandem Diabetes forecasts fiscal 2026 sales of $1.065-$1.085 billion versus the consensus of $1.103 billion.
The company expects the adjusted …