Investing.com - Electromed (NYSE:ELMD) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Electromed announced earnings per share of $0.01 on revenue of $10.66M. Analysts polled by Investing.com anticipated EPS of $0.03 on revenue of $10.3M.
Electromed shares are down 16% from the beginning of the year, still down 22.19% from its 52 week high of $13.46 set on January 3.
Electromed follows other major Healthcare sector earnings this month
Electromed's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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