Respiratory medical products maker ResMed Inc. (RMD) Thursday reported an increase in quarterly net income to $77.9 million or $0.53 per share, from $62.87 million or $0.42 per share last year.
On average, 8 analysts polled by Thomson Reuters expected earnings of $0.51 per share for the second quarter. Analysts' estimates typically exclude special items.
Revenues for the latest second quarter were up 13% at $376.5 million, compared with $332.7 million a year ago. Analysts on consensus estimated revenues of $363.76 million.
The company has declared a quarterly dividend of $0.17 per share, payable on March 19 to shareholders of record on February 19, 2013.
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