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ResMed Inc (ASX:RMD) has posted record revenue and income for the March quarter.
The sleep disorder equipment supplier saw revenue jump to $374.35 million for the quarter ended March 31. That was 10 per cent higher than the same period a year ago.
Net income was up 31 per cent, at $82.5 million.
ResMed declared a quarterly dividend of 17 US cents per share, payable on June 18.
Chief executive Michael Farrell says the company had strong year-on-year growth for the third quarter, especially in the Americas.
Mr Farrell said the company would soon launch new products, including two new sleep assistance masks.
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Last
$41.25 |
Change
0.120(0.29%) |
Mkt cap ! $23.89B | |||
| Open | High | Low | Value | Volume |
| $41.47 | $41.47 | $41.23 | $34.47M | 834.9K |
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| RMD (ASX) Chart |