ResMed announces record quarter
By HME News Staff
Updated Fri October 26, 2012
SAN DIEGO - ResMed this week reported revenue of $339.7 million for the quarter ended Sept. 30, 2012, an 8% increase over the same quarter last year. Net income was $71.3 million, a 41% increase; and earnings per share were $0.49, a 48% increase. “In the first quarter of fiscal 2013 we showed strong year-over-year growth on the top and bottom lines, and both our flow generator and mask categories did well,” stated Peter Farrell, Ph.D., chairman and CEO of ResMed, in a press release. “Revenue in Americas increased by 15% to $194.4 million over the prior year's quarter.”
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