ELMD - Electromed GAAP EPS of $0.01 misses by $0.03 revenue of $10.7M in-line
- Electromed press release ( NYSE: ELMD ): Q1 GAAP EPS of $0.01 misses by $0.03 .
- Revenue of $10.7M (+7.0% Y/Y) in-line.
- Homecare revenue increased to $9.6 million in the quarter, up 4% from $9.3 million in Q1 FY 2022.
- Reported operating income of $44,000, compared to $538,000 in the same period a year ago, largely due to macroeconomic and supply chain factors as well as non-recurring expenses.
- Repurchased $145,000 of common stock under the share repurchase program.
- Cash as of September 30, 2022 was $6.0 million.
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Electromed GAAP EPS of $0.01 misses by $0.03, revenue of $10.7M in-line