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ResMed Inc (ASX:RMD) earned $73 million in the fourth quarter ended June 30.
The maker of devices for sleep-disordered breathing, ResMed says it had record revenue for the quarter of $414.6 million - 11 per cent more than the same quarter last year.
For the year ended June 30, 2013, net income was $307.1 million, an increase of 21 percent over the previous year.
The company says fourth quarter net income was reduced by a $17.7 million charge for settling litigation with the University of Sydney.
CEO Mick Farrell says the quarterly dividend has increased 47 per cent to 25 cents per share.
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Last
$40.66 |
Change
-0.590(1.43%) |
Mkt cap ! $23.56B | |||
| Open | High | Low | Value | Volume |
| $40.91 | $40.94 | $40.58 | $17.17M | 421.6K |
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| RMD (ASX) Chart |