Electromed, Inc. Announces Fiscal 2020 Second Quarter Financial Results

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Electromed (ELMD) Tops Q2 EPS by 10c, Revenues Beat

February 11, 2020 4:35 PM EST

Electromed (NYSE: ELMD) reported Q2 EPS of $0.14, $0.10 better than the analyst estimate of $0.04. Revenue for the quarter came in at $8.55 million versus the consensus estimate of $8.41 million.

Q2 FY 2020 Highlights

Net revenue increased 6.7% to $8.5 million from $8.0 million for the three months ended December 31, 2018 (Q2 FY 2019).Operating margin improved to 18.3% from 8.4% in Q2 FY 2019.Operating income grew 132.1% to $1.6 million from $0.7 million in Q2 FY... More