Summary: ResMed Inc announced its fourth-quarter results, reporting a 10% revenue growth on a constant currency basis, driven by increased demand for its sleep devices, masks, and Software as a Service (SaaS) business. Mick Farrell, chairman and CEO, emphasized the company’s … [Read more...]
Increased Demand for Sleep Devices Drives ResMed’s Q3 Growth
Summary: ResMed described a 7% revenue raise in its third fiscal quarter ending March 31, propelled by heightened demand from customers for sleep equipment and development in its mask item line. Earnings development was noted as 9% in the Americas and 3% in other intercontinental … [Read more...]