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ResMed Reports Increased Sales, Income

ResMed Inc., a Poway medical device company, reported net income of $29 million, or 37 cents per diluted share, on revenue of $178 million during its second quarter, which ended Dec. 31.

The company made its announcement Feb. 6.

In the year-ago quarter, the company reported net income of $22.3 million, or 30 cents per diluted share, on revenue of $146 million.

ResMed makes medical equipment for the treatment of sleep-disordered breathing and other respiratory disorders.

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The company announced its earnings after the trading day ended. Shares, traded on the New York Stock Exchange under the symbol RMD, closed Feb. 6 at $54.09.

, Brad Graves

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