secwatch.observer — SEC 8-K summary
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Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000897101-24-000162
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Electromed reports record Q3 revenue of $13.9M, up 15% YoY; net income $0.17 diluted EPS vs $0.12
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- Revenue rose 14.9% YoY to a record $13.9M; net income $1.493M ($0.17 diluted) vs $1.075M ($0.12).
- Operating income increased 54% to $1.841M (13% of revenue); gross margin held at 75%.
- Direct homecare revenue grew 12% to $12.3M; 51 direct sales reps; annualized revenue per rep $969K above target range.
- Cash balance $11.7M, up $4.3M in nine months; no debt; working capital $35.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000162/0000897101-24-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710124000162/elmd240513_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-24-000162

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