Electromed (ELMD) Tops Q2 EPS by 9c
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Electromed, Inc. Announces Fiscal 2021 Second Quarter Financial Results
February 9, 2021 4:05 PM EST-- 11.1% Net Revenue Growth, Driven by a 16.1% Increase in Home Care Revenue --
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, 2020 (Q2 FY 2021).
Q2 FY 2021 Highlights
Net revenue increased 11.1% to $9.5 million, compared to $8.5 million during the three months ended December 31, 2019 (Q2 FY 2020), driven by a 16.1% increase in home care revenue. Gross profit percentage... More