STOCK TITAN

Electromed - ELMD STOCK NEWS

Welcome to our dedicated page for Electromed news (Ticker: ELMD), a resource for investors and traders seeking the latest updates and insights on Electromed stock.

Overview

Electromed Inc is a Minnesota-based company specializing in the development, manufacturing, and global distribution of innovative medical devices focused on airway clearance therapy. At the heart of its product lineup is the cutting-edge SmartVest Airway Clearance System, which utilizes high frequency chest wall oscillation (HFCWO). This patented technology is designed to deliver effective yet comfortable treatment for patients suffering from conditions that result in compromised pulmonary function.

Core Technology and Product Offerings

The SmartVest system is a hallmark of medical device innovation in pulmonary care. It works by generating programmed air pulses through a specially designed garment, which is worn comfortably over the upper body. This process facilitates vigorous mucus clearance, thereby helping to manage symptoms associated with chronic respiratory conditions such as COPD, cystic fibrosis, bronchiectasis, atelectasis, and neuromuscular disorders.

  • High Frequency Chest Wall Oscillation (HFCWO): A key technological feature that offers an effective alternative to traditional chest physiotherapy.
  • Comfort and Safety: The design ensures that therapy remains well tolerated, promoting compliance among patients.
  • Clinical Validation: The treatment modality has been clinically tested to demonstrate its efficacy in clearing airway secretions and reducing lung infections.

Business Model and Market Position

Electromed generates revenue primarily through the direct sale of its SmartVest system and related products. The company is positioned within the broader healthcare technology and medical devices industry, where stringent regulatory standards and clinical efficacy are paramount. A significant aspect of the company’s market presence involves the continuous commitment to enhancing patient care by using technology that provides a safer and more effective treatment option than conventional methods.

Regulatory and Quality Standards

In the realm of medical devices, adherence to quality and safety protocols is crucial. Electromed maintains a robust certification profile, being accredited by the Joint Commission and certified to standards such as ISO 13485:2003 and ISO 9001:2008. These credentials attest to the company’s adherence to rigorous manufacturing processes and quality management systems, which are essential for ensuring the reliability and safety of its products.

Clinical Impact and Patient Benefits

The clinical utility of the SmartVest system is underscored by its ability to manage and alleviate the symptoms of a variety of pulmonary disorders. Patients benefit from a treatment that is not only effective in clearing airways but also designed to maximize comfort and usability. The system’s evolution reflects innovative responsiveness to clinical needs, contributing to improvements in patient quality of life and overall respiratory health management.

Industry Standing and Competitive Landscape

Within the competitive landscape of airway clearance solutions, Electromed distinguishes itself through its focus on combining technological innovation with stringent quality control. The company’s emphasis on safety, regulatory compliance, and clinical efficacy positions it as a trusted entity among healthcare providers and patients. While the market comprises various devices aiming to improve pulmonary function, Electromed’s strategic focus on HFCWO and its proven clinical benefits set it apart as a specialized and reliable provider.

Expertise and Authoritativeness in Healthcare Technology

Electromed Inc demonstrates a profound commitment to enhancing treatment regimens for respiratory disorders through its advanced medical technologies. Its products are firmly rooted in clinical research and regulatory best practices, making them a reference point for experts in the field. The company’s dedication to meeting high standards of performance and safety underscores its reputation for excellence in healthcare technology.

Summary

The innovative approach adopted by Electromed Inc, particularly through its SmartVest system, reflects its deep-rooted expertise in airway clearance therapy. The company manages to effectively combine state-of-the-art technology with a rigorous quality system to offer a product that improves respiratory care for individuals with complex pulmonary conditions. This comprehensive approach, backed by clinical validation and high regulatory standards, makes Electromed a distinctive presence in the medical device industry.

Rhea-AI Summary

Electromed (NYSE American: ELMD) has announced its participation in the 15th Annual LD Micro Invitational, scheduled for April 9-10, 2025, at the Westin Grand Central in New York. Jim Cunniff, President and CEO, will present on April 10 at 2:30 PM ET.

The event will showcase 50+ companies and features:

  • Registration starting April 9 at 2:00 PM ET
  • Keynote presentations
  • CBIZ Offices Rooftop happy hour
  • Company presentations beginning April 10 at 8:00 AM ET
  • LD Micro Moneyball Afterparty at the Knickerbocker Hotel

Interested investors can access the live webcast of the presentation through the event registration link: https://ldinv15.sequireevents.com/

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary

Electromed (NYSE American: ELMD) announced that its board of directors has authorized a new share repurchase program of up to $5.0 million of common stock on March 6, 2025. The company, which specializes in innovative airway clearance technologies, will execute the buyback through various means including open market purchases, private transactions, and block trades, depending on market conditions.

Management will determine the timing and volume of repurchases based on market conditions and other factors. The board will periodically review and may modify the authorization's terms and size. CEO Jim Cunniff stated that this initiative demonstrates confidence in their business strength and commitment to creating shareholder value while maintaining financial flexibility for future growth investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.87%
Tags
buybacks
-
Rhea-AI Summary

Electromed (NYSE American: ELMD), a leader in innovative airway clearance technologies, has announced its participation in two upcoming investor conferences.

The company will present at the Oppenheimer 35th Annual Healthcare MedTech and Services Virtual Conference on Tuesday, March 18, 2025, at 10:30 a.m. Eastern Time. Additionally, management will present at the Sidoti Virtual Small-Cap Conference on Thursday, March 20, 2025, at 1:45 p.m. Eastern Time.

Live and archived webcasts for both events will be accessible through the Electromed website under Events & Presentations. For the Oppenheimer conference, investors can request meetings through their Oppenheimer representative.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
conferences
Rhea-AI Summary

Electromed (NYSE American: ELMD) reported record financial results for Q2 FY 2025. Net revenue increased 18.7% to $16.3 million, while operating income reached $2.5 million (15.6% of net revenues). Net income grew to $2.0 million ($0.22 per diluted share), up from $1.7 million ($0.19 per diluted share) in Q2 FY 2024.

The company's direct homecare business saw a 15.2% increase to $14.6 million, driven by increased referrals and approvals. The field sales force expanded to 60 employees, with 54 direct sales representatives. Gross profit improved to 77.7% of net revenues ($12.6 million). As of December 31, 2024, Electromed maintained a strong financial position with $16.2 million in cash, $22.8 million in accounts receivable, and no debt.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.97%
Tags
-
Rhea-AI Summary

Electromed (NYSE American: ELMD), a leader in innovative airway clearance technologies, has announced it will release its fiscal 2025 second quarter financial results on February 11, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern Time on the same day to discuss the results.

Investors can join the call by dialing (844) 826-3033 (Domestic) or (412) 317-5185 (International). A live webcast will be available in the Investor Relations section of Electromed's website. For those unable to attend, a replay will be accessible via phone using replay pin 10196088 or through the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.82%
Tags
conferences earnings
-
Rhea-AI Summary

Electromed, a leader in airway clearance technologies, announced its fiscal Q1 2025 financial results. Net revenue rose by 19.0% to $14.7 million, with gross margin improving to 78.3%. Operating income increased to $1.9 million, and net income surged to $1.5 million, or $0.16 per diluted share. The company repurchased 262,756 shares at an average price of $17.26, totaling approximately $4.5 million. Electromed continues to invest in growth initiatives, including the expansion of its direct sales force to 53 reps and the launch of a new marketing campaign. Cash balance decreased by $2.2 million, primarily due to share repurchases, leaving $13.9 million in cash and no debt. The company achieved a working capital of $33.6 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
Tags
Rhea-AI Summary

Electromed (NYSE American: ELMD), a leader in airway clearance technologies, has announced it will release its fiscal 2025 first quarter financial results on November 12, 2024, after market close. Management will host a conference call at 5:00 p.m. Eastern Time to discuss the results. Investors can join via phone at (844) 826-3033 (Domestic) or (412) 317-5185 (International), or watch the webcast through the company's Investor Relations website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
conferences earnings
-
Rhea-AI Summary

Electromed (NYSE American: ELMD) has appointed Peter Horwich as Vice President, Marketing. Horwich brings over 20 years of experience in Medical Technology marketing, previously serving at Abiomed (now J&J MedTech) where he directed Global Strategic Marketing for Respiratory Therapies. His experience includes roles at Medtronic, Arizant, Entegris, and Guidant. CEO Jim Cunniff highlighted that this strategic appointment comes during a period of business growth and aims to drive therapy adoption for SmartVest Clearway to support revenue growth goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.8%
Tags
management
-
Rhea-AI Summary

Electromed (NYSE American: ELMD), a leader in airway clearance technologies, has announced a new $5.0 million share repurchase authorization effective September 11, 2024. This follows the completion of their previous repurchase program in Q4 fiscal 2024. The company's board will determine the timing and amount of repurchases based on market conditions. Repurchases may be made through various means, including open market transactions and block trades.

CEO Jim Cunniff stated that this decision follows Electromed's record performance in fiscal 2024 and reflects the board's confidence in future growth. The company's strong revenue growth and profitability are generating robust free cash flow, allowing for shareholder value creation while continuing business investments. Management believes the stock is undervalued given their strong financial results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.38%
Tags
buybacks
Rhea-AI Summary

Electromed, Inc. (NYSE American: ELMD) reported record financial results for Q4 and FY 2024. Highlights include:

- Q4 net revenues increased 9.0% to $14.8 million
- Q4 operating income up 56.3% to $2.3 million
- Q4 net income reached $1.8 million or $0.20 per diluted share
- FY 2024 net revenue grew 13.8% to $54.7 million
- FY 2024 operating income increased 64.2% to $6.6 million
- FY 2024 net income totaled $5.2 million or $0.58 per diluted share

The company attributed growth to investments in commercial infrastructure and market development initiatives. As of June 30, 2024, Electromed had $16.1 million in cash, $23.3 million in accounts receivable, and no debt.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.54%
Tags

FAQ

What is the current stock price of Electromed (ELMD)?

The current stock price of Electromed (ELMD) is $23.58 as of April 3, 2025.

What is the market cap of Electromed (ELMD)?

The market cap of Electromed (ELMD) is approximately 199.4M.

What is the primary focus of Electromed Inc?

Electromed Inc specializes in developing, manufacturing, and marketing medical devices focused on airway clearance therapy, predominantly through its SmartVest system which utilizes high frequency chest wall oscillation (HFCWO).

How does the SmartVest system work?

The SmartVest system employs a programmable air pulse generator connected to a wearable garment, delivering controlled chest wall oscillation that facilitates effective mucus clearance for patients with respiratory conditions.

What conditions can benefit from Electromed's technology?

Patients suffering from conditions such as COPD, cystic fibrosis, bronchiectasis, atelectasis, and various neuromuscular disorders can benefit from the airway clearance therapy provided by the SmartVest system.

Which regulatory standards does Electromed adhere to?

Electromed is accredited by the Joint Commission and holds certifications including ISO 13485:2003 and ISO 9001:2008, ensuring adherence to rigorous quality and safety standards in its manufacturing processes.

How does Electromed differentiate itself from competitors?

The company distinguishes itself through its innovative use of HFCWO technology, a strong commitment to clinical efficacy, and a robust quality management system that ensures patient safety and product reliability.

What is the significance of HFCWO in respiratory care?

High frequency chest wall oscillation (HFCWO) is a critical technology that enhances airway clearance by delivering effective yet comfortable treatment, offering an improved alternative to traditional chest physiotherapy methods.

Who are the primary customers of Electromed's products?

The company primarily serves healthcare providers, clinics, and institutions focused on respiratory care, as well as patients who require effective airway clearance as part of their treatment regimens.

What role do clinical validations play in Electromed's offerings?

Clinical validations ensure that Electromed's products meet strict efficacy and safety benchmarks, reinforcing the company's reputation for reliability and reinforcing trust among healthcare professionals.
Electromed

NYSE:ELMD

ELMD Rankings

ELMD Stock Data

199.37M
6.82M
20.54%
43.56%
2.44%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States
NEW PRAGUE