Resmed Inc Reports 8% Rise In Q4 Earnings

(RTTNews) - Resmed Inc (RMD) revealed earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line climbed to $104.42 million, or $0.74 per share. This was higher than $96.38 million, or $0.68 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.5% to $518.65 million. This was up from $453.06 million last year.

Resmed Inc earnings at a glance:

-Earnings (Q4): $104.42 Mln. vs. $96.38 Mln. last year. -Earnings Growth (Y-o-Y): 8.3% -EPS (Q4): $0.74 vs. $0.68 last year. -EPS Growth (Y-o-Y): 8.8% -Analysts Estimate: $0.74 -Revenue (Q4): $518.65 Mln vs. $453.06 Mln last year. -Revenue Change (Y-o-Y): 14.5%