ResMed quarterly profit edges higher
LOS ANGELES |
LOS ANGELES Aug 5 (Reuters) - U.S. respiratory equipment maker ResMed Inc (RMD.N) reported a higher quarterly profit on Tuesday on sales of its devices to assist sleep-related breathing disorders.
The company posted a net profit of $29.6 million, or 38 cents per share, for its fiscal fourth quarter, compared with a profit of $27.7 million, or 35 cents per share, a year ago.
Excluding product recall expenses, San Diego-based ResMed said it earned 40 cents per share. Analysts on average expected 39 cents per share, according to Reuters Estimates. (Reporting by Deena Beasley)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints


Follow Reuters