Needham & Company Upgrades ResMed (RMD) to Buy

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Resmed, Inc. (RMD) Tops Q2 EPS by 2c

January 22, 2015 4:12 PM EST

Resmed, Inc. (NYSE: RMD) reported Q2 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $423 million versus the consensus estimate of $408.2 million.

"We are pleased to report strong double-digit revenue growth, demonstrating excellent progress with our new product launches," said Mick Farrell, ResMed's chief executive officer. "We achieved robust commercial performance across all regions, including... More