Electromed: Blowout Quarter, Beneficial 2024 Guidance, And Cheap
Electromed(ELMD) Seeking Alpha·2024-02-24 04:07
ljubaphoto Electromed, Inc. (NYSE:ELMD) recently reported an impressive quarter, and noted beneficial expectations for the year 2024. With a total market opportunity of close to 4.2 million patients suffering from Bronchiectasis, I assumed that the total market opportunity could be around $8.4 billion. Given the current revenue line, there is significant room for improvement thanks to direct-to-consumer and medical marketing as well as internationalization efforts. If we also include the stock repurchas ...