ResMed Inc Released its Q2FY2020 Results

  • Feb 01, 2020 AEDT
  • Team Kalkine

ResMed Inc (ASX: RMD) has released its Q2 FY2020 results for the quarter ended 31 December 2019.

  • Revenue went up by 13% to $736.2 million year-over-year and 14% on a constant currency basis.
  • Net operating profit grew by 26%;
  • non-GAAP operating profit soared by 21% to $218.5 million;
  • Reported a balanced growth across product portfolio, software solutions, and global markets.
  • A cash dividend of $0.39 per share was declared by the Board of Directors of RMD.

By the closure of the market on 31 January 2020, the closing price of the share was $25.050, up 3.044% from its previous close.

 

 

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