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BUZZ-Electromed jumps on Q2 revenue growth

ReutersFeb 12, 2025 6:19 PM

Medical device maker Electromed's shares ELMD.A rise 11.4% to $32.50

Company late on Tuesday reported second-quarter net revenue of $16.3 million, a rise of 18.7%, from $13.7 million a year ago

Reported net income of 22 cents per share vs 19 cents per share last year

ELMD makes airway clearence devices for patients with lung disorders

As of December 31, ELMD had $16.2 million in cash, $22.8 million in accounts receivable and no debt — ELMD

Stock rose ~234% in the last 12 months

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