Electromed (ELMD) Tops Q2 EPS by 10c, Revenues Beat
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Electromed, Inc. Announces Fiscal 2020 Second Quarter Financial Results
February 11, 2020 4:30 PM EST-- Net income of $1.2 million driven by 6.7% revenue growth from prior year period and 18.3% 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 December 31, 2019 (Q2 FY 2020).
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... More