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Companies / Insulet / Filing

Insulet — Nov 7, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001145197-24-000043
Open on SEC.gov ↗
Showing in the filing
Total Omnipod revenue growth (constant currency)
“21% to 22%”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 19
Total Omnipod revenue growth (constant curre… for FY2024
“21% to 22%”
U.S. Omnipod revenue growth (constant curren… for FY2024
“19% to 21%”
International Omnipod revenue growth (consta… for FY2024
“25% to 27%”
Drug Delivery revenue growth (constant curre… for FY2024
“(10)% to (5)%”
Total revenue growth for FY2024
“12% to 15%”
Total Omnipod revenue growth for FY2024
“13% to 16%”
Total Omnipod revenue growth (constant curre… for Q4 FY2024
“13% to 16%”
U.S. Omnipod revenue growth for FY2024
“9% to 12%”
U.S. Omnipod revenue growth (constant curren… for Q4 FY2024
“9% to 12%”
International Omnipod revenue growth for FY2024
“30% to 33%”
International Omnipod revenue growth (consta… for Q4 FY2024
“30% to 33%”
Drug Delivery revenue growth for FY2024
“(20)% to (15)% (approximately $7 million to $8 million)”
Drug Delivery revenue growth (constant curre… for Q4 FY2024
“(20)% to (15)% (approximately $7 million to $8 million)”
Gross margin for FY2024
“approximately 69%”
Operating margin for FY2024
“approximately 14.5%”
International Omnipod Revenue Growth (GAAP) for FY2024
“26% - 28%”
Total Revenue Growth (Constant Currency) for FY2024
“20% - 21%”
International Omnipod Revenue Growth (GAAP) for Q4 FY2024
“31% - 34%”
Total Revenue Growth (Constant Currency) for Q4 FY2024
“12% - 15%”
Exhibit 99.1 · the passage around this item
… earlier in the release
4 2024 Outlook: Revenue Guidance (in constant currency): • For the year ending December 31, 2024, the Company is raising its expected revenue growth to a range of 20% to 21% (previously 16% to 19%). Revenue growth ranges by product line are: ◦ Total Omnipod of 21% to 22% (previously 18% to 21%) ▪ U.S. Omnipod of 19% to 21% (previously 18% to 21%) ▪ International Omnipod of 25% to 27% (previously 18% to 21%) ◦ Drug Delivery of (10)% to (5)% (previously (50)% to (40)%) • For the quarter ending December 31, 2024, the Company expects revenue growth of 12% to 15%. Revenue growth ranges by product line are: ◦ Total Omnipod of 13% to 16% ▪ U.S. Omnipod of 9% to 12% 5 ▪ International Omnipod of 30% to 33% ◦ Drug Delivery of (20)% to (15)% (app roximately $7 million to $8 million) Gross Margin and Operating Margin Guidance: For the year ending December 31, 2024 , the Company now expects gross margin to be approximately 69% (previously 68% to 69%, closer to the high end). For the year ending December 31, 2024, the Company is raising its expected operating margin by 50 basis points to approximately 14.5% . Conference Call: Insulet will host a conference call at 4:30 p.m. (Eastern Time) on November 7, 2024 to discuss the financial results and outlook. The link to the live call will be available on the Investor Relations section of the Company’s website at investors.insulet.com, “Events and Presentations,” and will be archived for future reference. The live ca
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.