ResMed (RMD) Raises Quarterly Dividend 10% to $0.33; 2% Yield

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Go back to ResMed (RMD) Raises Quarterly Dividend 10% to $0.33; 2% Yield

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

July 28, 2016 4:08 PM EDT

SAN DIEGO, July 28, 2016 /PRNewswire/ -- ResMed Inc. (NYSE: RMD) today announced results for its quarter ended June 30, 2016. Revenue for the quarter was $518.6 million, a 14 percent increase compared to the same period of the prior year, or a 15 percent increase on a constant currency basis. Excluding the contribution from the Brightree acquisition, revenue for the quarter was $489.7 million, an 8 percent increase.    

"We finished the year with double-digit constant currency revenue growth, fueled by solid performance in masks, devices, and our first quarter of software-as-a-service revenue from Brightree. Our board of... More