Electromed (ELMD) Reports Q2 EPS of $0.04
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Electromed, Inc. Announces Fiscal 2019 Second Quarter Financial Results
February 12, 2019 4:30 PM EST15.1% year-over-year increase in revenue
NEW PRAGUE, Minn.--(BUSINESS WIRE)-- Electromed, Inc. (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced financial results for the three months ended December 31, 2018 (Q2 FY 2019).
Q2 FY 2019 Highlights
Net revenue increased 15.1% to $8.0 million from $7.0 million during the three months ended December 31, 2017 (Q2 FY 2018). Gross profit rose 12.2% to $6.1 million from $5.4 million in Q2 FY 2018. Operating income declined to $672,000, from $771,000 in Q2 FY 2018, reflecting a $181,000 increase in research... More