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ResMed Inc. Announces Record Financial Results for the Quarter Ended and Nine Months Ended March 31, 2011
Date:4/28/2011

replay of the conference call is available by dialing 617-801-6888 (domestic) and +1 617-801-6888 (international) and entering conference I.D. No. 68716093.

Further information can be obtained by contacting Constance Bienfait at ResMed Inc., San Diego, at (858) 836-5971; Brett Sandercock at ResMed Limited, Sydney, on (+612) 8884-2090; or by visiting the Company's multilingual Website at www.resmed.com.  

Statements contained in this release that are not historical facts are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding the Company's future revenue, earnings or expenses, new product development and new markets for the Company's products, are subject to risks and uncertainties, which could cause actual results to materially differ from those projected or implied in the forward-looking statements. Those risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for its most recent fiscal year and in other reports the Company files with the U.S. Securities & Exchange Commission.  Those reports are available on the Company's Website.RESMED INC AND SUBSIDIARIESCondensed Consolidated Statements of Income (Unaudited)

(In US$ thousands, except per share data)Three Months Ended

March 31,

Nine Months Ended

March 31,2011

2010

2011

2010Net revenue

$313,258

$278,659

$901,255

$800,785Cost of sales

130,755

112,076

358,800

319,819Gross profit

182,503

166,583

542,455

480,966Operating expenses:Selling, general and administrative

92,549

84,133

268,920

244,984Research and development

23,319

18,279

65,032

55,252Amortization of acquired intangible assets

2,673

1,992

7,276'/>"/>

SOURCE ResMed Inc.
Copyright©2010 PR Newswire.
All rights reserved

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