Electromed (ELMD) Tops Q1 EPS by 11c

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Go back to Electromed (ELMD) Tops Q1 EPS by 11c

Electromed, Inc. Announces Fiscal 2020 First Quarter Financial Results

November 12, 2019 4:30 PM EST

Net income of $1.0 million primarily driven by 14.1% revenue growth from prior year period and 16.2% operating margin

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, 2019 (Q1 FY 2020).

Q1 FY 2020 Highlights

Net revenue increased 14.1% to $8.3 million from $7.3 million for the three months ended September 30, 2018 (Q1 FY 2019). Operating margin improved to 16.2% from 2.8% in Q1 FY 2019. Operating income grew to $1.3 million... More