Financial PerformanceTandem was caught between product cycles and hence delivered lackluster results with non-GAAP revenue down -4.0% and AEBITDA fell from $53.4M in 2022 to -$9.2M in 2023.
Market CompetitionChallenges such as declining MDT user base, improved competitor user retention, and increasing competition from MDI solutions may pressure the company in the upcoming years.
Product CompetitivenessPODD's Omnipod 5's favorable tubeless form factor may drive continued share gains, posing competition for TNDM's Mobi.