Resmed Inc Q3 Profit Climbs 3%

(RTTNews) - Resmed Inc (RMD) announced earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line came in at $95.42 million, or $0.68 per share. This was up from $92.63 million, or $0.65 per share, in last year's third quarter.

Analysts had expected the company to earn $0.69 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.4% to $453.88 million. This was up from $422.50 million last year.

Resmed Inc earnings at a glance:

-Earnings (Q3): $95.42 Mln. vs. $92.63 Mln. last year. -Earnings Growth (Y-o-Y): 3.0% -EPS (Q3): $0.68 vs. $0.65 last year. -EPS Growth (Y-o-Y): 4.6% -Analysts Estimate: $0.69 -Revenue (Q3): $453.88 Mln vs. $422.50 Mln last year. -Revenue Change (Y-o-Y): 7.4%