ResMed

Sleep medical equipment provider announced revenues of $125 million

Published in Medicine and Law Weekly, September 23rd, 2005

ResMed Inc (RMD) announced record revenue and income results for the quarter and year ended June 30, 2005.

Revenues for the June 30, 2005, quarter were $125.4 million, a 35% increase over the quarter ended June 30, 2004. Excluding the incremental revenue contribution from acquisitions, revenue was $116.4 million, an increase of 25%. For the June 30, 2005, quarter, income from operations and net income, both excluding the impact of restructuring expenses and acquisition related costs described below, were $30.4 million and $21.7 million, an increase of 24% and 37% respectively.

Diluted earnings per share, excluding the impact of restructuring expenses...

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Source: Medicine and Law Weekly (2005-09-23)

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