Electromed (NYSEAMERICAN:ELMD) Issues Earnings Results
Electromed (NYSEAMERICAN:ELMD) released its quarterly earnings results on Tuesday. The medical equipment provider reported $0.13 earnings per share (EPS) for the quarter, Morningstar.com reports. The firm had revenue of $8.60 million for the quarter.
Shares of ELMD stock opened at $5.61 on Friday. Electromed has a 1 year low of $4.66 and a 1 year high of $7.33.
Separately, TheStreet downgraded Electromed from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th.
Electromed Company Profile
Electromed, Inc develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally. The company offers SmartVest airway clearance system that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to patients with compromised pulmonary function; and SmartVest SQL System that provides advanced generator programmability and an enhanced pause feature with save, lock, and restore functionality.
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