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Tag: Jim Hollingshead


Vendors

ResMed Americas shines in fourth quarter

July 31, 2015Liz Beaulieu, Editor

SAN DIEGO - ResMed's flow generator sales increased 53% and mask sales rebounded to increase 5% in the fourth quarter ended June 30, 2015.ResMed officials credit healthcare informatics platforms like U-Sleep, which allows providers to monitor and manage their businesses, with powering the company to generate $151.5 million in flow generator sales for the quarter.“The analogy would be iTunes is such a great platform that people are buying a lot of iPhones and iPads,” said CEO Mick Farrell....

Jim Hollingshead, ResMed


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Vendors

ResMed believes storm has now passed

January 24, 2014Liz Beaulieu, Editor

SAN DIEGO - Competitive bidding helped to drive down ResMed's revenues in the Americas by 2% for the second quarter ended Dec. 31, 2013, compared to the same period in 2012.Year-on-year, sales revenues from masks were flat and sales revenues from flow generators declined 5%, CEO Mick Farrell said during a Jan. 23 earnings call.“We were not satisfied with the results,” he said.Overall, ResMed reported revenues of $384.3 million for the quarter, a 2% increase. Net income was $86.6 million,...

competitive bidding, earnings, Jim Hollingshead, Mick Farrell, ResMed


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