earnings
confidence high
sentiment positive
materiality 0.70
ResMed Q1 FY2024 revenue up 16% to $1.10B; non-GAAP EPS $1.64 (+9% YoY)
RESMED INC
2024-Q1 EPS reported
$1.49
revenue$1,102,321,000
- Revenue $1,102.3M (+16% YoY); operating income $289.0M (+5%); non-GAAP operating profit +10%.
- Diluted EPS $1.49 (GAAP) and $1.64 (non-GAAP, +9% YoY); gross margin 54.4%, down 250 bps.
- Operating cash flow $286.3M; company expects to resume share repurchase program in upcoming quarter.
- Board declared quarterly dividend of $0.48/share, payable Dec 14, record Nov 9.