secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0000897101-22-000946
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Electromed Q1 FY2023 revenue up 7% to $10.7M; net income drops to $0.01 EPS
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- Net revenue $10.7M, +7% YoY; net income $81K ($0.01 diluted EPS) vs $439K ($0.05) last year.
- Operating income $44K vs $538K a year ago; SG&A up 17.7% due to legal fees and annual sales meeting.
- Cash $6.0M, down $2.2M from June 30; repurchased $145K of stock in quarter.
- Next-generation 510(k) submitted to FDA; limited market release expected in fiscal Q2 if clearance by mid-Dec.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000946/0000897101-22-000946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000946/elmd221300_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-22-000946

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