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ResMed (ASX:RMD) share price on watch after solid Q2 update – The Motley Fool Australia
The ResMed Inc (ASX:RMD) share price will be on watch today after the release of a solid second quarter update this morning…
The ResMed Inc(ASX: RMD) share price will be on watch on Friday following the release of its second quarter update this morning.
How is ResMed performing?
ResMed continued its strong form during the second quarter and delivered further revenue and profit growth.
According to the release, for the three months ended 31 December, ResMed reported a 9% increase in revenue to US$800 million.
Also heading in the right direction was the company’s gross margin. It reported a non-GAAP gross margin of 59.9%,…
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