Navigation Links
ResMed Inc Announces Record Financial Results for the Quarter and Six Months Ended December 31, 2008
Date:2/5/2009

SAN DIEGO, Feb. 5 /PRNewswire-FirstCall/ -- ResMed Inc. (NYSE: RMD) today announced record revenue and income for the quarter ended December 31, 2008. Revenue for the December 2008 quarter was $223.0 million, a 10% increase (a 16% increase on a constant currency basis) over the quarter ended December 31, 2007. For the quarter ended December 31, 2008, income from operations was $43.3 million and net income was $33.9 million, an increase of 18% and 26%, respectively, compared to the quarter ended December 31, 2007. Diluted earnings per share for the quarter ended December 31, 2008 were $0.44, an increase of 29% compared to the quarter ended December 31, 2007.

SG&A expenses were $70.1 million for the December 2008 quarter, an increase of $2.4 million, or 4% (a 14% increase on a constant currency basis) over the same period in fiscal 2007. SG&A expenses were favorably impacted by the appreciation of the U.S. dollar against international currencies. This increase in SG&A was primarily due to expenses necessary to support sales growth. SG&A costs were 31% of revenue in the December 2008 quarter, compared to 33% in the same period in fiscal 2007.

R&D expenses were $14.9 million for the December 2008 quarter, or approximately 7% of revenue. R&D expenses were flat (a 27% increase on a constant currency basis) compared to the prior year quarter. R&D was also positively impacted by the appreciation of the U.S. dollar against international currencies, particularly the Australian dollar. R&D outlays reflect ResMed's continuing commitment to innovation within its product portfolio, as well as an ongoing commitment to clinical research and product development.

Amortization of acquired intangibles of $1.7 million ($1.1 million net of tax) incurred during the quarter ended December 31, 2008,
'/>"/>

SOURCE ResMed Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7

Related medicine news :

1. ResMed Names Kieran Gallahue as Chief Executive Officer, Effective January 1, 2008.
2. ResMed to Webcast First Quarter 2008 Earnings Conference Call
3. RESMED to Webcast Second Quarter 2008 Earnings Conference Call
4. ResMed to Webcast Third Quarter 2008 Earnings Conference Call
5. ResMed to Webcast First Quarter 2009 Earnings Conference Call
6. ResMed Inc Announces Record Financial Results for the Quarter Ended September 30, 2008
7. ResMed to Webcast Second Quarter 2009 Earnings Conference Call
8. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
9. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
10. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
11. HEI, Inc. Announces Sale of RFID Division Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/3/2015)... ... 03, 2015 , ... As a result of the Patient ... health insurance plans, more employers are moving to a self-funded model for pharmacy ... 2014 United Benefit Advisors (UBA) Health Plan Survey. , UBA’s survey, the nation’s ...
(Date:9/3/2015)... ... September 03, 2015 , ... ProScrub is a set of automated tools ... repeat, and custom speed effects without the use of keyframes. Utilize ProScrub's powerful ... ProScrub tools are perfect complements to energetic video productions. ProScrub is a ...
(Date:9/3/2015)... ... 2015 , ... Mum n Me is pleased to announce the launch of ... that gives maximum protection from sun exposure, wind, bugs, and germs. The Mum n ... assurance by keeping the cover securely in place. The new car seat cover is ...
(Date:9/3/2015)... ... ... cases of prostate cancer are reported each year, along with 27,540 deaths attributed to the ... While only one man in 10,000 will typically get prostate cancer under age 40, the ... American Cancer Society. , Prostate cancer is the second leading cause of ...
(Date:9/3/2015)... ... 2015 , ... The partnership will leverage Fidson’s strong and ... to promote LodonalTM in Nigeria. The distribution will become effective, upon completion of ... the product. , Managing Director, Fidson Healthcare Plc, Dr Fidelis Ayebae, expressed that ...
Breaking Medicine News(10 mins):Health News:Self-Funded Pharmacy Plans Becoming More Popular Among Large Employers 2Health News:Self-Funded Pharmacy Plans Becoming More Popular Among Large Employers 3Health News:Self-Funded Pharmacy Plans Becoming More Popular Among Large Employers 4Health News:FCPX Effects Developer Releases ProScrub for Final Cut Pro X 2Health News:Mum n Me Announces New Baby Car Seat Cover 2Health News:Noted Santa Rosa Urologist Dr. Michael Lazar Provides Insights on Prostate Cancer Treatments in Recognition of Prostate Cancer Awareness Month 2Health News:Noted Santa Rosa Urologist Dr. Michael Lazar Provides Insights on Prostate Cancer Treatments in Recognition of Prostate Cancer Awareness Month 3Health News:Fidson Partners US Firms on New Product Marketing 2Health News:Fidson Partners US Firms on New Product Marketing 3Health News:Fidson Partners US Firms on New Product Marketing 4
... with care as your parents and loved ones prepare for ... to keep most of familiar traditions that helped define your ... notice that things don,t quite look the same as they ... this holiday checklist from Home Instead Senior Care if you ...
... German . , Chocolate, excitement and the stress ... They are also responsible for triggering migraines in many young ... just as important as getting the right medication. However the ... today stressed that parents and young people need to be ...
... Majority Predict Increase in Consumer-directed Plan Participation , ... Nearly three-quarters of health plan executives expect the current ... than the 2001-2002 downturn, according to a survey released today ... Future: Health Plans Respond to the Financial Crisis." While few ...
... isn,t a new technology, but it,s always finding ... ads in magazines, certain time-release pharmaceuticals, and (perhaps ... , Now Sandia National Laboratories resident microencapsulation ... company to use microencapsulation technology in a novel ...
... PA, 17 December 2008 - Elsevier, world-leading publisher of ... pleased to announce that, beginning in January 2009, the ... ( JPSM ) (http://www.jpsmjournal.com) will be the official ... Medicine (AAHPM). The JPSM will continue ...
... Dec. 17 /PRNewswire/ -- Finesse Solutions, LLC, ... science process applications, announced the introduction of an autoclavable ... requires less maintenance than traditional DO sensors currently used ... "Our new TruDO Optical sensor ushers in next-generation ...
Cached Medicine News:Health News:Does Your Senior Need Help at Home? A Holiday Checklist for Anyone Caring for Seniors 2Health News:Does Your Senior Need Help at Home? A Holiday Checklist for Anyone Caring for Seniors 3Health News:Migraines: Help for a common problem in children and teenagers 2Health News:Health Plan Executives Foresee Continued Decline in Small Business Enrollment, According to CSC Survey 2Health News:Health Plan Executives Foresee Continued Decline in Small Business Enrollment, According to CSC Survey 3Health News:Sandia's microencapsulation project gives local entrepreneur warm glow 2Health News:Sandia's microencapsulation project gives local entrepreneur warm glow 3Health News:Elsevier announces new partnership between the Journal of Pain and Symptom Management and the AAHPM 2Health News:Finesse Announces TruDO Optical Autoclavable Sensors for Bioprocess Applications 2
(Date:9/2/2015)... Research and Markets ( http://www.researchandmarkets.com/research/hcb7bz/pharmaceutical ) has ... (London, UK - November 16-18, 2015)" conference to their offering. ... including Columbia, Peru , Brazil ... Uruguay , Paraguay , ... , Chile This seminar can ...
(Date:9/2/2015)... 2, 2015  Seeger Weiss LLP is reporting that ... commence October 13, 2015. Since the ... approval program, Zimmer NexGen knee implant surpassed FDA investigation ... companies provide evidence that the product is substantially similar ... gain permissions. In 2001, Zimmer began ...
(Date:9/2/2015)... -- Research and Markets ( http://www.researchandmarkets.com/research/cnq7tc/medical_device ) has ... Studies: Clinical Evidence (London, UK - November 10-11, ... This course has been designed specifically for ... required for medical devices and in-vitro diagnostic products. ... and the emphasis on high quality, appropriate clinical ...
Breaking Medicine Technology:Pharmaceutical Regulatory Affairs in Latin America Seminar - London, UK - November 16-18, 2015 2Seeger Weiss LLP Reports That Zimmer NexGen Knee MDL Bellwether Trial Date Set For October 13, 2015 2Medical Device Studies: Clinical Evidence Course - London, UK - November 10-11, 2015 2
... Recorders are Medical Grade VCR and VTR's ... medical environments such as ultrasound, endoscopy, radiology ... compact design and optional control via RS-232. ... features and formats. Whether it is digital ...
... Transcutaneous monitoring of oxygen and carbon ... now used in a number of different ... surgery, hyperbaric medicine and orthopedic surgery. TcpO2 ... three sites to provide a good picture. ...
Spherical Burr for FR030R, 5 mm....
Hough Hough Burr-Saw for Crurotomy, 1 mm, ISO-No. 010....
Medicine Products: