Electromed (ELMD) Tops Q4 EPS by 30c, Revenues Beat

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Go back to Electromed (ELMD) Tops Q4 EPS by 30c, Revenues Beat

Electromed, Inc. Announces Fiscal 2020 Fourth Quarter and Full Year Financial Results

August 25, 2020 4:05 PM EDT

-- Record profitability: diluted EPS of $0.47 in fiscal 2020 versus $0.23 in fiscal 2019 --

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 June 30, 2020 (Q4 FY 2020).

Q4 FY 2020 Highlights

Net revenue decreased 20.1% to $6.9 million, from $8.6 million for the three months ended June 30, 2019 (Q4 FY 2019), primarily due to industrywide disruption from the COVID-19 pandemic. Operating income, which included $0.9 million of government stimulus... More