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Electromed, Inc. - 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.

Electromed, Inc. (NYSE MKT: ELMD) is a Minnesota-based company recognized as an innovative leader in the development, manufacture, and worldwide distribution of the SmartVest® Airway Clearance System. This patented system leverages High-Frequency Chest Wall Oscillation (HFCWO), offering a well-tolerated alternative to traditional chest physiotherapy (CPT). The system is designed to deliver effective and comfortable airway clearance treatment for patients suffering from the consequences of retained secretions.

Clinically proven, HFCWO technology helps clear the lungs of excess mucus, thereby improving lung function and reducing infections for individuals with conditions such as atelectasis, COPD, bronchiectasis, neuromuscular diseases, and cystic fibrosis. Electromed, Inc. is accredited by the Joint Commission and holds ISO 13485:2003 and ISO 9001:2008 certifications, demonstrating their commitment to quality and safety.

The SmartVest System consists of a programmable air pulse generator, a therapy garment worn over the upper body, and a connecting hose. Together, these components provide a safe, comfortable, and effective airway clearance therapy that enhances the quality of life for patients with compromised pulmonary function.

Electromed, Inc. continuously strives for excellence and compassionate service. Their products are designed with patient comfort and usability in mind, ensuring that users receive the best possible care. With a global reach, the company is dedicated to improving respiratory health for patients worldwide.

Stay updated with the latest developments, achievements, and financial performance of Electromed, Inc. by following their news and updates. The company's ongoing projects and partnerships underscore its commitment to innovation and excellence in the field of airway clearance therapy.

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Electromed, Inc. (NYSE American: ELMD) announced that its President and CEO, Jim Cunniff, and CFO, Brad Nagel, will attend the 2024 Noble Capital Markets Emerging Growth Virtual Healthcare Equity Conference on April 17-18, 2024. The management team will present at 10:30 a.m. Eastern Time on April 18, 2024. Interested individuals can register for the free webcast to view the presentation.
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Electromed, Inc. (ELMD) executives to attend 2024 Sidoti March Small-Cap Virtual Conference. Webcast available on company website.
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Electromed, Inc. announces record revenue in Q2 FY 2024, with a 17% increase to $13.7 million. Gross margins improved to 77%, while operating income reached $2.26 million. Net income was $1.67 million, with cash at $10.4 million. The company attributes growth to product development and market expansion.
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Electromed, Inc. announced the release of its financial results for the fiscal 2024 second quarter, with a conference call scheduled to discuss the results. The call will take place on February 13, 2024, at 5:00 p.m. Eastern Time, and interested parties can participate via phone or webcast. A replay of the call will also be available for those who cannot listen to the live broadcast.
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Electromed, Inc. (ELMD) has entered into a distribution agreement with Marathon Medical Corp., a service-disabled veteran-owned small business, to distribute its SmartVest® Airway Clearance System for High Frequency Chest Wall Oscillation therapy. This partnership aims to provide easier access to the therapy for government facilities, including VA hospitals and clinics, Indian Health Service hospitals and clinics, and other Federal agencies, ultimately improving the quality of life for US veterans, Federal employees, and Native American peoples.
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Electromed, Inc. (ELMD) announced that its President and CEO, Jim Cunniff, and CFO, Brad Nagel, will attend the 2024 Lytham Partners Investor Select Conference on February 1, 2024. The management team will participate in a fireside chat and investor 1x1s, with the fireside chat scheduled for 11 am Eastern Time. Interested parties can register for the fireside chat using the provided link.
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ELMD Electromed Reports 16% Revenue Growth in Q1 FY 2024
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Electromed, Inc. has launched the SmartVest Clearway Airway Clearance System for inpatient use in hospitals. The system uses High Frequency Chest Wall Oscillation therapy to clear excess secretions from the lungs and reduce the risk of respiratory infections. It provides therapeutic relief for patients with ineffective secretion clearance and aims to speed up patient recovery.
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Electromed, Inc. announced that its President and CEO, Jim Cunniff, and CFO, Brad Nagel, will attend the Canaccord Genuity MedTech, Diagnostics, and Digital Health & Services Forum on November 16, 2023 in New York City. The management team will engage in investor 1x1s on the same day.
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Electromed, Inc. will release its financial results for the fiscal 2024 first quarter on November 7, 2023. A conference call will be held to discuss the results.
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FAQ

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

The current stock price of Electromed (ELMD) is $29.55 as of January 1, 2025.

What is the market cap of Electromed (ELMD)?

The market cap of Electromed (ELMD) is approximately 249.9M.

What does Electromed, Inc. do?

Electromed, Inc. develops, manufactures, and sells the SmartVest® Airway Clearance System, which uses High-Frequency Chest Wall Oscillation (HFCWO) technology to aid patients with compromised pulmonary function.

What conditions does the SmartVest® Airway Clearance System help with?

The SmartVest® helps with conditions like atelectasis, COPD, bronchiectasis, neuromuscular diseases, and cystic fibrosis.

What is High-Frequency Chest Wall Oscillation (HFCWO)?

HFCWO is a technology used in the SmartVest® system that provides airway clearance therapy by generating high-frequency air pulses to help clear mucus from the lungs.

Is Electromed, Inc. certified?

Yes, Electromed, Inc. is accredited by the Joint Commission and holds ISO 13485:2003 and ISO 9001:2008 certifications.

What are the components of the SmartVest® System?

The SmartVest® System includes a programmable air pulse generator, a therapy garment worn over the upper body, and a connecting hose.

Where is Electromed, Inc. based?

Electromed, Inc. is based in Minnesota, USA.

How does the SmartVest® improve patient health?

The SmartVest® clears excess mucus from the lungs, improves lung function, and reduces the frequency of lung infections.

Where can I find the latest news about Electromed, Inc.?

You can find the latest news and updates about Electromed, Inc. on their official website and stock market news platforms.

Does Electromed, Inc. operate worldwide?

Yes, Electromed, Inc. distributes the SmartVest® Airway Clearance System globally.

What is the goal of Electromed, Inc.?

Electromed, Inc. aims to improve respiratory health and quality of life for patients with compromised pulmonary function through innovative and compassionate care.
Electromed, Inc.

NYSE:ELMD

ELMD Rankings

ELMD Stock Data

249.93M
6.69M
27.77%
36.07%
1.73%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
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United States of America
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