RMD 1.26% $38.59 resmed inc

SAN FRANCISCO (MarketWatch) -- ResMed Inc. (RMD : ResMed IncNews...

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    SAN FRANCISCO (MarketWatch) -- ResMed Inc. (RMD : ResMed Inc
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    Last: 54.09-0.16-0.29%

    5:29pm 02/06/2007

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    RMD54.09, -0.16, -0.3%) after Tuesday's closing bell reported second-quarter net earnings of $29 million, or 37 cents a share, compared with $22.3 million, or 30 cents a share, in the same period last year, boosted by higher sales of sleep products. Excluding stock-based compensation, among other items, the maker of medical equipment posted per-share earnings of 43 cents vs. 36 cents last year. Revenue rose 22% to $178.4 million from $146.4 million. Analysts polled by Thomson Financial had expected revenue of $182 million.


    Market expected more i guess. Same thing happened 2 quarters ago, record result but missed expectations slightly and got hammered. Previous Q exceeded expectations and went up.

    If you want to see a nice chart look at RMD for past 3-4 years. This company is a longterm buy imo
 
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$38.59
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