RMD 0.43% $32.66 resmed inc

Ann: ResMed Announces Results for the First Quarter of FY2024, page-31

  1. 3 Posts.
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    Having a fairly large position on RMD, i am concerned about the prospect now.
    The numbers are looking ugly when quarterly are lined up instead of looking at quarter on quater growth.

    On top of the wellknown Growth Margin decline, quarterly top line revenues are on the decline as well.
    https://hotcopper.com.au/data/attachments/5689/5689669-b79953d5e98a35564debdad44b9d4984.jpg

    Compounded by the decline in margin, net income performance is even worse.

    https://hotcopper.com.au/data/attachments/5689/5689680-923e6effef7977a73231a2f8c347489e.jpg

    If someone can shed light on the future growh prospect of RMD, it would be very helpful. personally i will give it another quarter, will trim position if no rebond of Revenue or Margin if not both.
 
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