Electromed, Inc. Announces Record Revenue in Fiscal 2024 Third Quarter [Yahoo! Finance]
Electromed, Inc. (ELMD)
NASDAQ:AMEX Investor Relations:
smartvest.com/electromed/investor-relations
Company Research
Source: Yahoo! Finance
leader in innovative airway clearance technologies, today announced financial results for the three months ended March 31, 2024 ("Q3 FY 2024"). Q3 FY 2024 Financial Highlights Net revenues increased 15% to a record $13.9 million in Q3 FY 2024, from $12.1 million in the third quarter of the prior fiscal year. Gross margins were 75% of net revenues in the third quarters of both the current and prior fiscal years. Operating income increased by 54% to $1,841,000 or 13% of revenue, compared with $1,196,000 or 10% of revenue in the third quarter of the prior fiscal year. Net income was $1,493,000 for the quarter, or $0.17 per diluted share, compared to $1,075,000, or $0.12 per diluted share in the third quarter of the prior fiscal year. Cash as of March 31, 2024, was $11.7 million, an increase of $4.3 million from the June 30, 2023, balance. "I am excited to announce another record revenue quarter in the third quarter of fiscal year 2024," said Jim Cunniff, President, and Chie
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News
- Electromed, Inc. (AMEX:ELMD) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Electromed, Inc. Announces Record Revenue in Fiscal 2024 Third QuarterBusiness Wire
- Electromed, Inc. (NYSE: ELMD) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Electromed, Inc. Schedules its Third Quarter Fiscal 2024 Financial Results Conference Call for May 7, 2024 at 5:00 p.m. ETBusiness Wire
- Electromed, Inc. (NYSE: ELMD) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
ELMD
Analyst Actions
- 2/22/24 - TheStreet
ELMD
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 3/5/24 - Form 4
- ELMD's page on the SEC website