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Healthcare | Medical Instruments & Supplies | USA
ResMed Tanks on Second-Quarter Revenue Miss
The company easily beats earnings expectations, but falls short on revenue.
The San Diego company reported a 9% increase in adjusted revenue to $651.1 million but lagged Wall Street's expectations of $667 million. The company did beat on earnings, however, posting a profit of $1 a share vs. expectations of 94 cents.
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Separately, the company announced that its board declared a quarterly cash dividend of 37 cents per share, payable on March 14 to shareholders of record on Feb. 7.
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https://www.thestreet.com/investing/resm...s-14845820
![[Bild: RMDc1dl1447.png]](https://finviz.com/publish/012519/RMDc1dl1447.png)
ResMed Tanks on Second-Quarter Revenue Miss
The company easily beats earnings expectations, but falls short on revenue.
The San Diego company reported a 9% increase in adjusted revenue to $651.1 million but lagged Wall Street's expectations of $667 million. The company did beat on earnings, however, posting a profit of $1 a share vs. expectations of 94 cents.
...
Separately, the company announced that its board declared a quarterly cash dividend of 37 cents per share, payable on March 14 to shareholders of record on Feb. 7.
...
https://www.thestreet.com/investing/resm...s-14845820
