ResMed Inc Chess Depository Interest
RMD: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| fw | LOCK|xHX<? | LOCK|C#<&Wz%k |
ResMed Earnings: Slight Slowdown in US Devices, but Mask Sales Strong and Profitability Improving
ResMed's fiscal third-quarter underlying EBIT grew 18%. Constant-currency mask sales revenue grew 12%, and gross margin expanded 290 basis points to 63% on component cost improvements and manufacturing and logistics efficiencies. Shares fell 4%.
