RE

Resmed

RMD
NYSEHealth Care
$212.16
USD
+0.22(+0.11%)
At close: Apr 30, 14:20 UTC
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Open

$212.00

Prev. Close

$211.76

High

$212.52

Low

$211.97

Market Snapshot

Market Cap

$30.93B

P/E Ratio

20.8

EPS

8.49

Revenue

$4.93B

Why RMD moved

ResMed's stock fell 2.4%, reflecting a market value of $31.5 billion, despite annual revenue of $5.4 billion in the sleep apnea and respiratory care industry.

About

ResMed, Inc. engages in providing digital health and cloud-connected medical devices. The company is headquartered in San Diego, California and currently employs 10,600 full-time employees. The Company, through its subsidiaries, in the development, manufacturing, distribution and marketing of medical devices and cloud-based software applications that diagnose, treat and manage respiratory disorders, including sleep disordered breathing (SDB), chronic obstructive pulmonary disease, neuromuscular disease and other chronic diseases. Its segments include Sleep and Breathing Health segment and the Residential Care Software segment. The company also operates a Software as a Service (SaaS) business in the United States and Germany that includes out-of-hospital software platforms designed to support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. Its products and solutions are designed to improve patients' quality of life and reduce the impact of chronic disease. Its cloud-based digital health software applications, along with its devices, are designed to provide connected care.

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