secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0000897101-22-000481
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/0000897101-22-000481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000481/elmd220629_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-22-000481

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer