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Stock impact report

ResMed Inc. Announces Results for the Third Quarter of Fiscal Year 2024

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
Year-over-year revenue grows 7%, operating profit up 25%, non-GAAP operating profit up 23%Operating cash flows of $402 million Note: A webcast of ResMed’s conference call will be available at 4:30 p.m. ET today at http://investor.resmed.com SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) -- ResMed Inc. (NYSE: RMD, ASX: RMD) today announced results for its quarter ended March 31, 2024. Third Quarter 2024 HighlightsAll comparisons are to the prior year period Revenue increased by 7% to $1.2 billion; up 7% on a constant currency basis Gross margin grew 260 bps to 57.9%; non-GAAP gross margin grew 240 bps to 58.5%Income from operations increased 25%; non-GAAP operating profit up 23%Operating cash flow of $402 million and debt repayments of $220 millionDiluted earnings per share of $2.04; non-GAAP diluted earnings per share of $2.13 “ResMed’s strong third-quarter fiscal year 2024 results reflect robust patient and customer demand for our products and software solution Show less Read more
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