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0 0 0.000763358778625911 0.00274809160305354 -0.0167557251908396 0.00763358778625954 0.0229007633587786 0.0229007633587786
Stock impact report

ResMed beats quarterly profit estimates on strong demand for its sleep devices [Yahoo! Finance]

ResMed Inc. (RMD) 
Last resmed inc. earnings: 4/30 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company makes a non-invasive ?treatment known as continuous positive airway pressure, or CPAP, machine that helps manage sleep apnea - a common disorder characterized by brief interruptions of breathing during sleep. Some analysts had ?expected the U.S. ?approval of Eli Lilly's blockbuster drug, Zepbound, to treat sleep apnea would reduce demand ?for the company's devices. However, ResMed said it expects consumer wearables that track sleep health and GLP-1 therapies such as Zepbound ?to encourage more patients to use its devices. "As ?we move into the second half of fiscal year 2026, we will continue to invest in innovation to scale our digital health capabilities and expand global access to life-saving care, while delivering sustainable, profitable growth," CEO ?Mick Farrell said. ResMed's second-quarter revenue ?rose 11% to $1.42 billion from ?a year ago, slightly beating analysts' average estimates of $1.40 billion, according to data compiled by ?LSEG. The company po Show less Read more
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