secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0000897101-24-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Electromed Q2 FY2024 revenue record $13.7M (+17% YoY), EPS $0.19 vs $0.11
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- Net revenue increased 17% to record $13.7M; direct homecare revenue up 18% to $12.7M.
- Gross margins improved to 77% from 74%; operating income record $2.263M (16.5% of revenue).
- Diluted EPS $0.19 vs $0.11; net income record $1.674M.
- Cash $10.4M, no debt; annualized homecare revenue per rep $1,007,000 above target range.
- Field sales force totaled 58, with 49 direct sales representatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000069/0000897101-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000069/elmd240161_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-24-000069

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