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Electromed

Electromed beats The Street in Q2 results

February 9, 2022 By Danielle Kirsh

Electromed (NYSE:ELMD) posted second-quarter results this week that beat the overall consensus on Wall Street. The New Prague, Minnesota–based airway clearance maker reported profits of $838,000, or 10¢ per share, on sales of $10.2 million for the three months ended Dec. 31, 2021, for a sales growth of 7.92% compared with Q2 2021. Earnings per […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed posts Street-beating Q3

May 11, 2021 By Sean Whooley

Electromed (NSDQ:ELMD) shares dipped slightly after hours today despite third-quarter results that topped the consensus forecast. The New Prague, Minn.-based company posted profits of $223,771, or 3¢ per share, on sales of $8.8 million for the three months ended March 31, 2021, for a -65.7% bottom-line slide on sales growth of 0.5%. Electromed’s EPS of […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed rises on Street-beating Q2

February 10, 2021 By Sean Whooley

Electromed (NSDQ:ELMD) shares ticked up today on second-quarter results that topped the consensus earnings forecast. The New Prague, Minn.-based airway clearance therapy technology developer posted profits of $1.2 million, or 13¢ per share, on sales of $9.5 million for the three months ended Dec. 31, 2020, for a 1.6% bottom-line gain on sales growth of 11.1%. […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed beats The Street’s EPS projections

November 12, 2020 By Sean Whooley

Electromed (NSDQ:ELMD) shares dipped today despite first-quarter EPS results that topped the consensus forecast. The New Prague, Minn.-based airway clearance therapy technology developer posted profits of $535,262, or 6¢ per share, on sales of $8 million for the three months ended Sept. 30, 2020, for a -47.2% bottom-line slide on a sales decline of -3.6%. Adjusted […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed posts Street-beating Q4

August 26, 2020 By Sean Whooley

Electromed (NSDQ:ELMD) shares dipped slightly today despite fourth-quarter results that topped the consensus forecast. The New Prague, Minn.-based airway clearance therapy technology developer posted profits of $1.3 million, or 15¢ per share, on sales of $6.9 million for the three months ended June 30, 2020, for a 20.1% bottom-line gain despite a sales decline of -20.1%. […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed appoints new chief financial officer

May 19, 2020 By Danielle Kirsh

Electromed has appointed Michael MacCourt as chief financial officer. MacCourt brings nearly two decades of financial leadership and multidimensional business experience in medical devices to the company, Electromed said yesterday. Prior to joining Electromed, MacCourt was the senior director of commercial finance at Starkey Hearing Technologies. He has also spent over nine years in leadership […]

Filed Under: Business/Financial News Tagged With: Electromed

Medtech 100 roundup: Stocks dip slightly after strong start to month

May 18, 2020 By Sean Whooley

Medtech stocks ticked down over the course of last week as the COVID-19 pandemic continues to bear economic ramifications. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 82.4 points at the end of last week (May 15). That total represents a -1.9% decline from the 83.98-point […]

Filed Under: Business/Financial News, Dental, Featured, MassDevice Earnings Roundup, Respiratory, Surgical, Wall Street Beat Tagged With: 3m, Alcon, conformis, coronavirus, COVID-19, Dow Jones, Electromed, MedTech, MedTech 100 Index, S&P, smiledirectclub, Titan Medical Inc., TransEnterix

Electromed down despite Street-beating Q3 sales

May 13, 2020 By Sean Whooley

Electromed (NSDQ:ELMD) shares ticked down today on third-quarter results that came out on top of the consensus revenue forecast. The New Prague, Minn.-based airway clearance therapy technology developer posted profits of $653,274, or 7¢ per share, on sales of $8.7 million for the three months ended March 31, 202o, for an 85.1% bottom-line gain on sales […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Respiratory, Wall Street Beat Tagged With: Electromed

Electromed launches SmartVest mobile app

March 11, 2020 By Sean Whooley

Electromed (NSDQ:ELMD) announced that it launched the SmartVest Connect app for personalized high-frequency chest wall oscillation (HFCWO) therapy management for people with compromised pulmonary function. The app, available on iOS and Android platforms, is designed to securely connect to the SmartVest SQL through Bluetooth technology and allow patients and healthcare teams to track therapy in real-time […]

Filed Under: Business/Financial News, Health Technology, Respiratory, Software / IT Tagged With: Electromed

Electromed beats The Street in Q1 results

November 14, 2019 By Danielle Kirsh

Electromed (NSDQ:ELMD) posted first-quarter results today that beat the consensus forecast on Wall Street. The New Prague, Minn.-based company reported profits of $1 million, or 12¢ per share, on sales of $8.3 million for the three months ended Sept. 30, 2019, for a bottom-line gain of 536.1% sales growth of 13.7% compared with Q1 2019. Adjusted […]

Filed Under: Wall Street Beat Tagged With: Electromed

Electromed inks distro deals for SmartVest

August 23, 2019 By Sean Whooley

Electromed (NSDQ:ELMD) announced agreements with two unnamed home medical equipment distributors for the sale and distribution of its SmartVest airway clearance system in the U.S. The distributors – one regional and one national – will sell directly to patients, according to a release. Electromed said it expects minimal impact to fiscal 2020 revenues and expenses […]

Filed Under: Distribution, Respiratory Tagged With: Electromed

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