Electromed (ELMD) Reports Q1 EPS of $0.02
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Electromed, Inc. Announces Fiscal 2019 First Quarter Financial Results
November 13, 2018 4:30 PM EST-- 15.4% year-over-year increase in 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 September 30, 2018 (Q1 FY 2019).
Q1 FY 2019 Highlights
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.... More