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0:00 / 0:00I. Business Overview & Strategy
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ResMed Reports 11% Revenue Growth to $4.7B Amid SaaS Surge

RMD10-KFiling Date: 8/9/2024
ResMed Inc.
Description

What this story covers

ResMed Inc.'s 2024 10-K highlights 11 percent revenue growth to 4 point 7 billion dollars, driven by 10 percent in sleep/respiratory devices and 17 percent in SaaS to 584 million dollars. Net income rose 14 percent to 1 point 0 billion dollars, with strong liquidity at 1 point 7 billion dollars. Segments show synergies, but risks include competition, supply chains, and regulations. Focus on innovation and out-of-hospital care positions for future growth.

Story snapshot

CompanyResMed Inc.
TickerRMD
VariantStandard detailed
Duration13:06
Filing type10-K
PeriodAnnual 2024
IndustryHealthcare & Pharmaceuticals
Accession0000943819-24-000013

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