SAN DIEGO--(BUSINESS WIRE)--DexCom, Inc. (Nasdaq: DXCM) today reported its unaudited financial results for the quarter ended March 31, 2009. Product revenue grew to approximately $2.7 million for the first quarter of 2009, an increase of 46% from the $1.8 million in product revenue reported for the first quarter of 2008, and an increase of approximately 8% from the $2.45 million reported for the fourth quarter of 2008. Total first quarter 2009 revenue, which includes development grant revenue, was $5.2 million, an increase of 180% from the same quarter in 2008, and approximately 28% from the fourth quarter of 2008. The company reported a net loss of $13.1 million or $0.33 per share for the first quarter of 2009, down from $13.8 million or $0.47 per share for the first quarter of 2008. The net loss included $3.7 million in non-cash expenses during the first quarter of 2009, which included $1.1 million in non-cash interest expense associated with the adoption of FSP APB 14-1.
