Khosla Ventures Acquisition Co
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Company profile

Khosla Ventures Acquisition Co. is a blank check company. The Company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus its search on market opportunity with differentiated, proprietary technology. The Company has not commenced any operations and has not generated revenues.

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DexCom stock drops 17% after company's Q2 miss

5:19 pm ET July 28, 2022 (MarketWatch)

DexCom Inc. (DXCM) shares fell nearly 17% in the extended session Thursday after the maker of glucose monitoring systems missed analyst expectations for its first quarter and tweaked higher its 2022 revenue outlook. DexCom said it earned $51 million, or 12 cents a share, in the second quarter, compared with $78.4 million, or 19 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 17 cents a share. Revenue rose 17% to $696.2 million, the company said. FactSet consensus called for EPS of 19 cents a share on sales of $698.6 million. DexCom said it updated its revenue guidance for the year to between $2.86 billion and $2.91 billion, which would represent growth between 17% and 19%. In April, the company guided for 2022 revenue between $2.82 billion and $2.94 billion. Shares of DexCom ended the regular trading day up 1.4%.

-Claudia Assis


(END) Dow Jones Newswires

July 28, 2022 17:19 ET (21:19 GMT)

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