RMD 1.98% $35.94 resmed inc

revenue up 13pc net income 3pc

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    and a voluntary recall....

    Sydney - Tuesday - April 24: (RWE Australian Business News) -
    ResMed Inc (ASX: RMD) reports revenue for the quarter ended March 31 was
    US$183.0 million, a 13% increase.
    Income from operations and net income were US$44.3 million and
    US$31.1 million, an increase of 5% and 3%.
    Diluted earnings per share for the quarter were US$0.39.
    GAAP operating loss was US$21.9 million for the current quarter,
    while GAAP net loss was US$15.4 million or US$0.20 per diluted share.
    These results were significantly impacted by a US$59.7 million
    (US$41.8 million net of tax) charge for voluntary product recall
    expenses.
    Gross margin was 29.6%
 
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