RMD 1.05% $37.39 resmed inc

ResMed's profit down despite revenue rise

  1. zwu
    2,411 Posts.
    lightbulb Created with Sketch. 9
    ResMed's profit down despite revenue rise

    ResMed has posted a 13 per cent rise in revenue for the September quarter, boosted by the acquisition of software firm Brightree, but its profit is down.
    Source: AAP
    26 Oct 2016 - 11:26 AM UPDATED 2 HOURS AGO

    Sleep apnoea device maker ResMed's first quarter profit has dropped eight per cent despite a big increase in revenue.

    Revenue rose 13 per cent to $US465.4 million ($A608.9 million) following its recent $US800 million acquisition of healthcare software company Brightree.

    Resmed's $US76.1 million first quarter profit was down $US6.8 million from the same period time last year.

    (http://www.sbs.com.au/news/article/2016/10/26/resmeds-profit-down-despite-revenue-rise)
 
watchlist Created with Sketch. 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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.