ResMed Q1 2015 result

ResMed has reported an encouraging first-quarter result, with its new range of flow generators performing ahead of expectations.

Resmed has reported an encouraging performance in the first quarter of the 2015 financial year, with revenue rising 6% to US$380m. The gross margin fell 1.3 percentage points to 62.4% following last year’s price cuts, so that the gross profit only rose 4% to US$237m.

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