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Published in TZ Latest News 25 January, 2017 by The TZ Newswire Staff

ResMed’s Revenue Jumps, but Higher Costs Keep Profits in Check

Roughly one out of every five adults suffers from sleep-disordered breathing. Left untreated, this condition can greatly increase a patient’s chance of developing diabetes, heart disease, obesity, and more. Decades ago, ResMed (NYSE: RMD) pioneered a treatment called continuous positive airway pressure, or CPAP, which utilizes a pump and mask to keep a patient’s airway open during the night. ResMed’s sales and profits have consistently grown ever since. Coming into Monday night’s earnings report, investors were expecting more of the same.

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