ResMed reports increased revenues, flat income
SAN DIEGO – ResMed this week reported net revenues of $411.7 million for the three months ended Sept. 30, 2015, compared to $380.4 million for the same period last year, an 8% increase. “This result was led by 39% flow generator and 9% mask growth in the Americas,” said Mick Farrell, ResMed CEO. Net income was $80.4 million vs. $83.3 million. For the Americas, specifically, ResMed reported net revenues of $254.2 million for the three months ended Sept. 30, a 23% increase over the same period in the prior year. Net income was $98 million, a 4% increase.