Electromed, Inc. Announces Fiscal 2019 First Quarter Financial Results

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Electromed (ELMD) Reports Q1 EPS of $0.02

November 13, 2018 4:34 PM EST

Electromed (NYSE: ELMD) reported Q1 EPS of $0.02, versus $0.01 reported last year. Revenue for the quarter came in at $7.3 million.

Net revenue increased 15.4% to $7.3 million from $6.3 million during the three months ended September 30, 2018 (Q1 FY 2018).Gross profit rose 18.2% to $5.5 million from $4.7 million in Q1 FY 2018.Operating income grew 100.6% to $199,000 from $99,000 in Q1 FY 2018.Net income expanded 90.7% to $154,000, or $0.02 per diluted share, from $81,000, or $0.01 per diluted share, in Q1 FY 2018.Cash flow from operating activities totaled... More