.
ResMed Inc. (ASX:RMD, NYSE:RMD) has posted a strong start to the new financial year, boosting first quarter earnings by more than expected.
The manufacturer and distributor of medical equipment posted a record quarterly net profit of $US71.3 million at the end of last week, about $US20 million up from last year and $US8 million more than expected by analysts.
In the same period quarterly revenues increased 8 per cent to $US340 million, up from $US315 million the year before.
Dual-listed Res-Med has operations in more than 70 countries and its September quarter result was aided by 15 per cent growth from US markets.
Shares in California-based Resmed rose to record highs after the announcement but pulled back to finish last week at $3.99 on the Australian Securities Exchange (ASX).
ResMed’s annual net profit grew 12 per cent to $250 million in the 2012 financial year.
{"streaming_server":"rtmp:\/\/s2svek4dh1hfyu.cloudfront.net\/cfx\...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$37.39 |
Change
0.390(1.05%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.30 | $37.39 | $37.07 | $9.449M | 253.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $37.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 2573 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
