Electromed (ELMD) Reports Q3 EPS of $0.07
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Electromed, Inc. Announces Fiscal 2020 Third Quarter Financial Results
May 12, 2020 4:30 PM EDT-- 18.0% revenue growth from prior year period with net income of $0.7 million --
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 March 31, 2020 (Q3 FY 2020).
Q3 FY 2020 Highlights
Net revenue increased 18.0% to $8.7 million from $7.4 million for the three months ended March 31, 2019 (Q3 FY 2019). Operating margin improved to 10.4% from 6.3% in Q3 FY 2019. Net income rose 85.1% to $0.7 million, or $0.07 per diluted... More