RMD News: ResMed's (RMD) SaaS Arm Strength Aids Growth, Supply Woes Stay - 8th Mar 2022, 1:00am

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ResMed Inc's RMD robust uptake of AirSense 10 and AirSense 11 platforms buoys optimism. However, escalating costs and macroeconomic headwinds raise apprehension. ResMed currently carries a Zacks Rank #3 (Hold).

In the past year, ResMed has outperformed its industry. The stock has gained 35.1% against the 13.6% decline of the industry.

ResMed’s earnings met the Zacks Consensus Estimate in the second quarter of fiscal 2022 and increased year over year. The company saw increased demand for s...

>>> Read more: ResMed's (RMD) SaaS Arm Strength Aids Growth, Supply Woes Stay
 
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