Electromed - ELMD STOCK NEWS

Electromed, a leader in innovative airway clearance technologies, announced its participation in the Canaccord Genuity 44th Annual Global Growth Conference in Boston from August 13-15, 2024. Jim Cunniff, President and CEO, and Brad Nagel, CFO, will present on Wednesday, August 14, 2024, at 2:30 p.m. Eastern Time.

The presentation will be available via live and archived webcast on Electromed's website under Events & Presentations. Additionally, Electromed has published an updated investor presentation deck for review, accessible on their website and the SEC website.

Electromed, known for its innovative airway clearance technologies, announced that its top executives, President and CEO Jim Cunniff and CFO Brad Nagel, will attend the 2024 Sidoti June Small-Cap Virtual Conference. This event is scheduled for June 12-13, 2024. Electromed will present at 1:45 p.m. ET on June 12, 2024. A live and archived webcast of their presentation will be accessible via the Electromed website.

Electromed, Inc. achieves record revenue in the third quarter of fiscal year 2024, with a 15% increase to $13.9 million compared to the prior year. Operating income rises by 54%, net income reaches $1.49 million, and cash balance grows to $11.7 million. The company's direct homecare business revenue increases by 12%, showing strong growth and operational efficiency. The gross profit margin remains stable at 75%. Electromed continues to focus on driving adoption of its products, enhancing shareholder value, and sustaining operating leverage for profitability.

Electromed, Inc. announced the schedule for its Third Quarter Fiscal 2024 Financial Results Conference Call on May 7, 2024, at 5:00 p.m. ET. Interested parties can dial in or access the webcast to discuss the financial results for the fiscal quarter ended March 31, 2024.

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.

Electromed, Inc. (ELMD) executives to attend 2024 Sidoti March Small-Cap Virtual Conference. Webcast available on company website.

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.

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.

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.