RMD 1.05% $37.39 resmed inc

News: Resmed posts record quarterly profit

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    ResMed Inc (ASX:RMD) has posted record revenue and income for the March quarter.


     


    The sleep disorder equipment supplier saw revenue jump to $374.35 million for the quarter ended March 31. That was 10 per cent higher than the same period a year ago.


     


    Net income was up 31 per cent, at $82.5 million.


     


    ResMed declared a quarterly dividend of 17 US cents per share, payable on June 18.


     


    Chief executive Michael Farrell says the company had strong year-on-year growth for the third quarter, especially in the Americas.


     


    Mr Farrell said the company would soon launch new products, including two new sleep assistance masks.

 
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