ResMed (RMD) Misses Q1 EPS by 1c

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Go back to ResMed (RMD) Misses Q1 EPS by 1c

ResMed Inc. Announces Results for the First Quarter of Fiscal Year 2016

October 22, 2015 4:06 PM EDT

SAN DIEGO, Oct. 22, 2015 /PRNewswire/ -- ResMed Inc. (NYSE: RMD) today announced results for its quarter ended September 30, 2015. Revenue for the quarter was $411.6 million, an 8 percent increase compared with the quarter ended September 30, 2014 (a 15 percent increase on a constant currency basis).  

"Our global team was able to drive strong double-digit constant currency growth in the first quarter of fiscal year 2016.  This result was led by 39 percent flow generator and 9 percent mask growth in the Americas," said Mick Farrell, ResMed's chief executive officer. "We are investing for ongoing expansion and leadership in... More