earnings
confidence high
sentiment neutral
materiality 0.70
Electromed expects Q4 FY2021 net revenue $9.3-9.5M, 37% YoY growth; discloses data privacy incident
Electromed, Inc.
2021-FY EPS reported
$0.27
revenue$35,756,000
- Preliminary net revenue $9.3-9.5M vs $6.9M in Q4 FY2020, driven by strong home care revenue growth.
- Operating income expected $0.5-0.7M vs $1.3M last year, which included $0.9M CARES Act stimulus.
- Cash $11.9M, no debt as of June 30, 2021.
- Data privacy incident: unauthorized third party accessed files containing protected health information and associate SSNs; no evidence of misuse, credit monitoring offered.
- Company taking steps to enhance security and providing external call center for inquiries.