Resmed Inc Reveals 4% Gain In Q1 Bottom Line

(RTTNews) - Resmed Inc (RMD) revealed a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line climbed to $87.66 million, or $0.62 per share. This was higher than $84.63 million, or $0.59 per share, in last year's first quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 13.1% to $465.45 million. This was up from $411.65 million last year.

Resmed Inc earnings at a glance:

-Earnings (Q1): $87.66 Mln. vs. $84.63 Mln. last year. -Earnings Growth (Y-o-Y): 3.6% -EPS (Q1): $0.62 vs. $0.59 last year. -EPS Growth (Y-o-Y): 5.1% -Analysts Estimate: $0.64 -Revenue (Q1): $465.45 Mln vs. $411.65 Mln last year. -Revenue Change (Y-o-Y): 13.1%