Insulet Corp (PODD) Q4 2019 Earnings Call Transcript

  • Date: 26-Feb-2020
  • Source: The Motley Fool
  • Sector:Financial Markets
  • Country:GCC
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Insulet Corp (PODD) Q4 2019 Earnings Call Transcript

Good afternoon, everyone, and thank you for joining us today for Insulet's Fourth Quarter and Full Year 2019 Earnings Call.. Joining me are Shacey Petrovic, President and Chief Executive Officer; and Wayde McMillan, Executive Vice President and Chief Financial Officer.. The replay of the call will be archived on our website, and the press release discussing our fourth quarter and full year 2019 results in first quarter and full year 2020 guidance is also available in the IR section of our website.. Throughout 2019, we made great progress advancing our strategic imperatives, and in 2020, we remain focused on driving our initiatives forward.. We generated more than $209 million in revenue, exceeding the high end of our guidance by $8 million, and representing a 27% increase year-over-year.. In 2019, we completed the launch of Omnipod DASH in the United States, and in December, we introduced DASH to select European markets.. Omnipod DASH is the only insulin pump on the U.S. market that can be accessed with no upfront cost and no four year locking period.. We are providing access to a much broader patient population.. The business model allows us to better serve the type two diabetes market, which Omnipod