Stock Data
$0.00 (0.00%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
MEDICAL INSTRUMENTS & SUPPLIES
ResMed Inc. is a leading provider in the healthcare sector, specializing in developing, manufacturing, and marketing medical devices and cloud-based software for managing respiratory disorders. With a focus on sleep and respiratory care, ResMed offers a wide range of products including ventilation devices, diagnostic tools, and mask systems for both hospital and home use. Additionally, it provides innovative cloud-based solutions like AirView and myAir, enhancing remote monitoring and patient engagement. Founded in 1989 and based in San Diego, California, ResMed serves sleep clinics, hospitals, and home healthcare dealers worldwide, improving the quality of care for patients with respiratory conditions.
Despite the GLP-1 fear that dragged ResMed to a 52-week low, masks and accessories revenue rose 11% and management is raising the quarterly dividend 10% to $0.66. Guidance to return more than $1.85 billion to shareholders in FY2027 is over 70% above last year's payout, and the MatrixCare sale closes this quarter.
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