RMD News: ResMed (RMD) Q1 Earnings Surpass Estimates, Margins Down - 27th Oct 2023, 11:01pm

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ResMed Inc.’s RMD adjusted earnings per share (EPS) in the first quarter of fiscal 2024 were $1.64, up 8.6% year over year. The metric beat the Zacks Consensus Estimate by 0.6%.

The adjustments include certain non-recurring expenses/benefits like the amortization of acquired intangibles, restructuring and acquisition-related expenses, among others.

GAAP EPS in the reported quarter was $1.49, up 4.2% from the year-ago quarter’s EPS.

Revenues

On a reported basis, fiscal first-quarter...

>>> Read more: ResMed (RMD) Q1 Earnings Surpass Estimates, Margins Down
 
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