ResMed hits double-digit revenue growth
SAN DIEGO – ResMed on Jan. 22 reported $423 million in revenues for the second quarter, a 10% increase over the same period last year. It reported $91.2 million in net income, a 5% increase. ResMed reported $231 million in revenues in the Americas, a 12% increase. “Our results this quarter show that our solutions continue to meet the needs of our key customer groups, including patients, physicians, healthcare providers and payers,” stated CEO Mick Farrell in a press release. During the second quarter, ResMed continued the roll out of its Air Solutions Platform with the launch of the AirCurve 10 series of cloud-connected bilevel devices.