Electromed (ELMD) Misses Q2 EPS by 2c

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Electromed, Inc. Announces Fiscal 2022 Fourth Quarter and Full Year Financial Results

August 23, 2022 4:05 PM EDT

--Record Annual Revenue and Growth Rate--

-- Fourth Quarter Revenue Increased 19% Year-Over-Year; Full Year Revenue Increased 16.5% --

-- Leveraging Strategic Investments to Accelerate Growth --

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 (Q4 FY 2022) and full year (FY 2022) ended June 30, 2022.

Q4 FY 2022 Financial Highlights

Net revenue increased 19% to a record $11.3 million, from $9.5 million, for the three months ended June 30, 2022... More