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An announcement from Electromed ( (ELMD) ) is now available.
In the second quarter of fiscal 2025, Electromed, Inc. reported record financial performance with a net revenue increase of 18.7% to $16.3 million and a net income rise to $2.0 million. The company attributes its growth to strategic initiatives, a direct-to-patient model, and efficient operations, alongside expanded sales efforts and educational campaigns, positioning it strongly in the MedTech sector.
More about Electromed
Electromed, Inc., based in New Prague, Minnesota, is a leader in airway clearance technologies, producing and marketing products like the SmartVest® Airway Clearance System for patients with compromised pulmonary function.
YTD Price Performance: -0.47%
Average Trading Volume: 104,599
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $279.5M
See more data about ELMD stock on TipRanks’ Stock Analysis page.