ResMed Fiscal Q4 Non-GAAP Earnings, Revenue Rise

MT Newswires Live
Aug 01

ResMed (RMD) reported fiscal Q4 non-GAAP earnings late Thursday of $2.55 per diluted share, up from $2.08 a year ago.

Analysts surveyed by FactSet expected $2.49.

Revenue for the quarter ended June 30 was $1.35 billion, up from $1.22 billion a year earlier.

Analysts surveyed by FactSet expected $1.33 billion.

The company said it will raise its quarterly dividend to $0.60 a share, payable Sept. 18 to investors of record on Aug. 14.

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