ResMed Inc. (RMD) reported fourth quarter net income of $0.53 per share after the bell Thursday, up from $0.37 per share in the previous year. The consensus estimate was for EPS of $0.49.
ResMed gapped open sharply higher Friday, but traded in a range for the majority of the session. The stock closed up by 3.82 at $35.65, with volume at a 6-month high. ResMed climbed past resistance and finished at a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.