---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-22-000481"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:36:45.156650+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Electromed Q3 revenue $10.1M (+15.4% YoY); CFO MacCourt to resign, Wirtz as interim CFO

## Summary
- Net income $0.6M ($0.07 diluted EPS) vs $0.2M ($0.03) in prior year quarter.
- Gross margin 76.4% stable; cash $9.8M; repurchased 24,551 shares for $299k.
- CFO Michael MacCourt resigns effective July 1, 2022; Michelle Wirtz appointed Interim CFO from June 1.
- Christopher Holland hired as Chief Commercial Officer to lead growth initiatives.
- Home care revenue per direct rep annualized at $943k, above $800-900k target range.

## SEC filing metadata
- accession: 0000897101-22-000481
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/0000897101-22-000481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/elmd220629_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-22-000481
- JSON: https://secwatch.observer/filing/0000897101-22-000481.json
- Plain text: https://secwatch.observer/filing/0000897101-22-000481.txt

## Key facts
- Executive change
  Michelle C. Wirtz was appointed as Interim Chief Financial Officer, Treasurer and Secretary at Electromed, Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer, Treasurer and Secretary
  source text: we announced the selection of Michelle C. Wirtz to serve as the Company’s Interim Chief Financial Officer, Treasurer and Secretary, beginning June 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/0000897101-22-000481-index.htm
- Executive change
  Michael J. MacCourt resigned as Chief Financial Officer at Electromed, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Michael J. MacCourt, our current Chief Financial Officer, notified us that he intends to resign his employment with Electromed, Inc. (the “Company”) on or about July 1, 2022 to pursue a new opportunity outside of corporate finance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/0000897101-22-000481-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.