secwatch / observer
8-K filed January 26, 2023, 6:59 PM ET ticker RMD CIK 0000943819
earnings confidence high sentiment positive materiality 0.85

ResMed Q2 revenue up 16% to $1.03B, EPS $1.53; CEO Farrell appointed Board Chair

RESMED INC

2023-Q2 EPS reported $2.95 revenue$1,984,038,000

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael J. 'Mick' Farrell

chair of the board of directors
RMD · RESMED INC
Effective
2023-01-25
Filed
January 26, 2023, 6:59 PM ET
On January 25, 2023, our board of directors appointed Michael J. “Mick” Farrell as chair of our board of directors.
Role change

Dr. Peter C. Farrell

chair emeritus
RMD · RESMED INC
Effective
2023-01-25
Filed
January 26, 2023, 6:59 PM ET
In recognition of Dr. Farrell’s long and valuable service as chair, the board of directors appointed him to the new director position of chair emeritus, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

RESMED INC reported the quarter ended December 31, 2022 results: revenue $ 1,033.7, net income $ 224.9, EPS $ 1.53.

Period
the quarter ended December 31, 2022
Revenue
$ 1,033.7
Net income
$ 224.9
EPS
$ 1.53
Result
reported results
Exact text from the filing
Three Months Ended December 31, 2022 December 31, 2021 % Change Constant Currency (A) Revenue $ 1,033.7 $ 894.9 16 % 20 % Gross margin 56.1 % 56.4 % (1 ) Non-GAAP gross margin (B) 56.8 % 57.6 % (1 ) Selling, general, and administrative expenses 211.7 185.4 14 20 Research and development expenses 69.9 62.5 12 15 Income from operations 280.2 248.7 13 Non-GAAP income from operations (B) 305.5 267.7 14 Net income 224.9 201.8 11 Non-GAAP net income (B) 244.4 216.2 13 Diluted earnings per share $ 1.53 $ 1.37 12 Non-GAAP diluted earnings per share (B) $ 1.66 $ 1.47 13
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. 'Mick' Farrell was appointed as chair of the board of directors at RESMED INC.

Action
appointed
Role
chair of the board of directors
Exact text from the filing
On January 25, 2023, our board of directors appointed Michael J. “Mick” Farrell as chair of our board of directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. Peter C. Farrell was appointed as chair emeritus at RESMED INC.

Action
appointed
Role
chair emeritus
Exact text from the filing
In recognition of Dr. Farrell’s long and valuable service as chair, the board of directors appointed him to the new director position of chair emeritus, effective immediately.
View on SEC.gov

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RESMED INC filing history →

Source: SEC EDGAR
accession 0001193125-23-016231
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