RMD News: ResMed's (RMD) Mask Sales Drive Growth, Margin Issue Lingers - 15th Feb 2023, 1:32am

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ResMed RMD continues to see growth in patient diagnosis trends in sleep apnea, COPD and asthma. Yet, we are worried about the stiff competition faced by ResMed. The stock carries a Zacks Rank #3 (Hold).

In the past year, ResMed has outperformed its industry. The stock has lost 18.7% compared with the 51.7% decline of the industry.

ResMed exited the second quarter of fiscal 2023 with better-than-expected earnings and revenues. The company recorded a robust sales performance in the quarter on in...

>>> Read more: ResMed's (RMD) Mask Sales Drive Growth, Margin Issue Lingers
 
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