Electromed (ELMD) Reports Q4 EPS of $0.13

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Go back to Electromed (ELMD) Reports Q4 EPS of $0.13

Electromed, Inc. Announces Fiscal 2018 Fourth Quarter Financial Results

September 25, 2018 4:30 PM EDT

-- 14.8% year-over-year increase in home care revenue --

NEW PRAGUE, Minn.--(BUSINESS WIRE)-- Electromed, Inc. (Electromed or the Company) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced financial results for the three months ended June 30, 2018 (Q4 FY 2018).

Q4 FY 2018 Highlights

Net revenue increased 13.3% to $8.2 million from $7.3 million during the three months ended June 30, 2017 (Q4 FY 2017). Net revenue for the prior year comparable period included a favorable impact of $703,000 from a one-time item related to a settlement agreement with Centers for Medicare and Medicaid Services.... More