ResMed(RMD)

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Resmed Inc. Announces Results for the Third Quarter of Fiscal Year 2025
Globenewswire· 2025-04-23 20:05
Year-over-year revenue grows 8%, operating profit up 14%, non-GAAP operating profit up 13%Operating cash flow of $579 million Note: A webcast of Resmed’s conference call will be available at 4:30 p.m. ET today at http://investor.resmed.com SAN DIEGO, April 23, 2025 (GLOBE NEWSWIRE) -- Resmed Inc. (NYSE: RMD, ASX: RMD) today announced results for its quarter ended March 31, 2025. Third Quarter 2025 HighlightsAll comparisons are to the prior year period Revenue increased by 8% to $1.3 billion; up 9% on a cons ...
Resmed Names Salli Schwartz as Chief Investor Relations Officer
Newsfilter· 2025-04-21 21:00
Core Insights - Resmed has appointed Salli Schwartz as Chief Investor Relations Officer, effective April 21, 2025, to lead its global investor relations function [1] - Schwartz brings over two decades of experience in finance roles within health tech and financial services, previously serving as Head of Investor Relations at Illumina [2] - The appointment is seen as critical for advancing Resmed's 2030 strategy aimed at enhancing shareholder value and improving health outcomes for 500 million people globally [3] Company Overview - Resmed is a leader in health technology focused on sleep, breathing, and home care, with a mission to empower individuals in 140 countries to achieve better health [4] - The company utilizes AI-powered digital health solutions and cloud-connected devices to personalize and enhance home healthcare [4]
What Analyst Projections for Key Metrics Reveal About ResMed (RMD) Q3 Earnings
ZACKS· 2025-04-17 14:20
Wall Street analysts forecast that ResMed (RMD) will report quarterly earnings of $2.36 per share in its upcoming release, pointing to a year-over-year increase of 10.8%. It is anticipated that revenues will amount to $1.28 billion, exhibiting an increase of 7.3% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estima ...
Strength Seen in ResMed (RMD): Can Its 3.8% Jump Turn into More Strength?
ZACKS· 2025-04-08 13:41
ResMed (RMD) shares rallied 3.8% in the last trading session to close at $213. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.7% loss over the past four weeks.ResMed scored a strong price increase, on investors’ optimism surrounding its impending fiscal 2025 third-quarter financial results, which is slated to release on April 23 after market close. In the last reported quarter, the company achieved robust ...
RMD Stock Benefits From the Launch of NightOwl Across US
ZACKS· 2025-04-04 13:10
Company Overview - Resmed Inc. has launched its home sleep apnea test, NightOwl, across the United States, which is designed to provide a simplified and efficient way to diagnose obstructive sleep apnea (OSA) from home [1] - The company has a market capitalization of $31.33 billion and has delivered an average earnings beat of 6.86% over the trailing four quarters [4] Product Features - NightOwl is a disposable home sleep apnea test device that records up to 10 nights of sleep data, transmitting this data to a cloud-based platform for physician analysis [5] - The device utilizes peripheral arterial tonometry technology to measure changes in blood flow, oxygen saturation, and pulse rate to detect OSA [5] - Key features include autoscaling raw patient data with a clinically validated algorithm, integration with leading sleep lab management software, and pairing with the myAir app for user guidance [6] Market Context - The global sleep apnea device market was valued at $4.5 billion in 2023 and is projected to grow at a CAGR of 6.2% through 2030, driven by an aging population and increased focus on innovative product development [10] - OSA affects nearly 1 billion people globally, with approximately 80% of cases remaining undiagnosed, highlighting a significant market opportunity for Resmed's NightOwl [7] Strategic Initiatives - Resmed is ramping up demand-generation initiatives to raise awareness and create care pathways for patients suffering from sleep suffocation, positioning NightOwl as a pivotal step in its strategy [3] - The company recently unveiled a comprehensive brand evolution to unify its brands under a single health technology brand, aiming to enhance direct-to-consumer engagement [11] Stock Performance - Following the NightOwl announcement, shares of Resmed grew marginally by 0.3% in after-market trading, with a 15.4% increase in shares over the past year compared to the industry’s 11.3% growth [2]
Resmed Announces Small, Easy to Use Home Sleep Apnea Test, NightOwl™, Now Available Across the US
Newsfilter· 2025-04-03 13:00
Core Insights - Resmed has launched its FDA-cleared home sleep apnea test, NightOwl™, across the United States, aimed at simplifying the diagnosis of obstructive sleep apnea (OSA) for healthcare providers and patients [1][5]. Company Overview - Resmed is a leading health technology company focused on sleep, breathing, and home care, committed to innovative technology that empowers individuals to live healthier lives [5]. - The company envisions a world where everyone can achieve their full potential through better sleep and breathing, with care delivered at home [5]. Product Features - NightOwl is a disposable home sleep apnea test device that records up to 10 nights of sleep data, capturing variability and providing clinicians with a comprehensive view of sleep patterns [3][7]. - The device uses peripheral arterial tonometry technology to measure blood flow changes, oxygen saturation, and pulse rate, demonstrating high accuracy in detecting OSA [4][7]. - NightOwl integrates with Resmed's myAir™ app, offering step-by-step guidance for users throughout the testing process [7]. Market Context - OSA affects nearly one billion people globally, with approximately 80% of cases remaining undiagnosed and untreated, highlighting the need for accessible diagnostic options [2]. - A study indicates that treating OSA with CPAP therapy can significantly reduce the risk of death, emphasizing the importance of effective diagnosis [2][3].
Resmed to Report Third Quarter Fiscal 2025 Earnings on April 23, 2025
Globenewswire· 2025-04-02 20:05
Core Viewpoint - Resmed plans to release its financial and operational results for Q3 of fiscal year 2025 on April 23, 2025, after market close, followed by a management webcast to discuss the results and other relevant information [1] Company Overview - Resmed is dedicated to creating innovative health technologies that enhance the quality of life for individuals, with a commitment to pioneering AI-powered digital health solutions and cloud-connected devices [2] - The company aims to empower millions across 140 countries to achieve better health outcomes through personalized home healthcare solutions [2] Earnings Webcast Details - The earnings webcast will take place on April 23, 2025, at 1:30 p.m. PDT / 4:30 p.m. EDT, with international times provided for London and Sydney [3] - A replay of the webcast will be available on Resmed's website approximately two hours after the live event, with a phone replay accessible from April 23, 2025, until May 7, 2025 [2][3]
New Global Study Finds: Sleep Apnea Patients Who Use CPAP Live Longer
Globenewswire· 2025-03-19 12:00
Core Insights - A landmark meta-analysis published in The Lancet Respiratory Medicine indicates that CPAP therapy significantly reduces mortality risks for individuals with obstructive sleep apnea (OSA), showing a 37% lower risk of all-cause death and a 55% lower risk of cardiovascular-related death [1][2][8] Company Overview - Resmed, a leader in health technology focused on sleep and breathing, announced the publication of this meta-analysis, which analyzed data from over 1 million OSA patients globally, providing strong evidence that CPAP therapy not only alleviates symptoms but also prolongs life [2][3] - The company emphasizes the importance of consistent CPAP use, as untreated OSA is a major modifiable risk factor for mortality [3][4] Industry Context - OSA affects over one billion people worldwide, with more than 80% of cases undiagnosed and untreated, leading to serious health conditions such as hypertension, diabetes, and cardiovascular disease [3][4] - The study reinforces CPAP therapy as the gold standard for OSA treatment, highlighting its effectiveness without the need for drugs or invasive procedures [3][4] Research Findings - The meta-analysis is the largest of its kind, pooling data from 30 studies, including 10 randomized controlled trials and 20 real-world evidence studies, with an average follow-up period of nearly five years [4][5] - A dose-response relationship was identified, indicating that increased consistency in CPAP use correlates with greater survival benefits for OSA patients [8]
New Global Study Finds: Sleep Apnea Patients Who Use CPAP Live Longer
Newsfilter· 2025-03-19 12:00
Core Insights - Resmed announced a landmark meta-analysis published in The Lancet Respiratory Medicine, demonstrating that CPAP therapy significantly reduces the risk of death for people with obstructive sleep apnea (OSA) [1][3]. Group 1: Study Findings - The meta-analysis included data from over 1 million OSA patients across 30 studies, providing the strongest evidence to date that CPAP therapy alleviates OSA symptoms and prolongs life [3][4]. - CPAP therapy users have a 37% lower risk of dying from any cause and a 55% lower risk of dying from cardiovascular disease compared to those who do not use CPAP [6]. - There is a dose-response relationship indicating that more consistent CPAP use correlates with greater survival benefits for OSA patients [6]. Group 2: Health Implications - OSA affects over one billion people globally, with over 80% of cases undiagnosed and untreated, leading to serious health conditions such as hypertension, diabetes, and cardiovascular disease [2][3]. - The study emphasizes that untreated OSA is a major modifiable risk factor for all-cause and cardiovascular-related death, highlighting the importance of consistent CPAP use [2][4]. Group 3: Expert Commentary - Experts in sleep and respiratory medicine assert that CPAP therapy is a life-saving intervention for OSA patients, supporting heart health and extending life [4]. - The findings serve as a wake-up call, indicating that every additional hour of CPAP treatment improves survival chances for OSA patients [4].
Resmed Unveils Unified Brand to Lead the Global Sleep and Health Technology Revolution
Globenewswire· 2025-03-11 13:00
Core Insights - Resmed is undergoing a brand evolution to unify its brand portfolio and enhance accessibility to sleep and breathing health solutions for consumers and healthcare providers globally [1][4] - The company aims to transform into a fully integrated health technology brand, reflecting its growth in direct-to-consumer engagement and expanding its reach to millions [2][5] Company Overview - Resmed has been a pioneer in respiratory therapy for 35 years, introducing innovations such as CPAP therapy and digital health solutions [2] - The company has a mission to empower 500 million people worldwide to achieve their full health potential by 2030 [5] Market Context - Over 2.3 billion people globally suffer from sleep apnea, insomnia, COPD, or other respiratory issues, highlighting a significant market opportunity for Resmed [3] - The 2025 Global Sleep Survey indicates that one-third of respondents experience sleep difficulties, emphasizing the need for effective sleep health solutions [3] Brand Strategy - The brand evolution includes consolidating brands, products, and services under a single Resmed identity, accompanied by a new visual identity and logo [4] - The strategy aims to make sleep and breathing health a mainstream priority in global healthcare, reflecting a shift in consumer attitudes towards proactive health management [4] Marketing Initiatives - Resmed is launching a U.S. consumer campaign to destigmatize CPAP therapy and promote sleep health [7] - The company is also implementing a primary care physician education campaign in the U.S. to facilitate earlier diagnosis and intervention for sleep apnea [7] - A sleep health awareness campaign is planned in key markets in Asia Pacific and Europe to address barriers to seeking treatment for sleep apnea [7]