Major Happy Dance

Looking at the results announced by Tandem this afternoon we think its safe to say two things; the company has completed their transformation and the folks in Northridge should be worried, very worried.

Let’s take a look at what can only be described as astonishing numbers;

“Worldwide pump shipments increased 290 percent to 21,258 pumps from 5,447 pumps

Sales increased 173 percent to $93.3 million from $34.1 million

Operating margin improved to negative 2 percent from negative 41 percent

Adjusted EBITDA(1) improved to 13 percent of sales from negative 29 percent of sales

Sales . . .

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