Electromed (NYSEAMERICAN:ELMD) Announces Earnings Results

Electromed (NYSEAMERICAN:ELMD) released its earnings results on Tuesday. The medical equipment provider reported $0.13 EPS for the quarter, Morningstar.com reports. The company had revenue of $8.60 million during the quarter.

Shares of NYSEAMERICAN ELMD opened at $5.75 on Wednesday. Electromed has a 12 month low of $4.66 and a 12 month high of $7.33.

Several large investors have recently bought and sold shares of ELMD. Northern Trust Corp increased its holdings in Electromed by 18.4% in the 4th quarter. Northern Trust Corp now owns 18,674 shares of the medical equipment provider’s stock worth $95,000 after acquiring an additional 2,900 shares in the last quarter. Teton Advisors Inc. increased its holdings in Electromed by 3.3% in the 1st quarter. Teton Advisors Inc. now owns 124,336 shares of the medical equipment provider’s stock worth $640,000 after acquiring an additional 4,000 shares in the last quarter. BlackRock Inc. increased its holdings in Electromed by 37.0% in the 2nd quarter. BlackRock Inc. now owns 33,204 shares of the medical equipment provider’s stock worth $181,000 after acquiring an additional 8,965 shares in the last quarter. Gabelli Funds LLC increased its holdings in Electromed by 11.3% in the 1st quarter. Gabelli Funds LLC now owns 106,062 shares of the medical equipment provider’s stock worth $546,000 after acquiring an additional 10,795 shares in the last quarter. Finally, White Pine Capital LLC increased its holdings in Electromed by 17.5% in the 1st quarter. White Pine Capital LLC now owns 90,765 shares of the medical equipment provider’s stock worth $467,000 after acquiring an additional 13,500 shares in the last quarter.



Separately, TheStreet cut shares of Electromed from a “b-” rating to a “c+” rating in a research note on Tuesday, June 25th.

About Electromed

Electromed, Inc develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally. The company offers SmartVest airway clearance system that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to patients with compromised pulmonary function; and SmartVest SQL System that provides advanced generator programmability and an enhanced pause feature with save, lock, and restore functionality.

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Earnings History for Electromed (NYSEAMERICAN:ELMD)

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