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financial results

Invacare expects decline in net sales, but favorable adjusted EBITDA


ELYRIA, Ohio – Invacare expects to report unaudited and preliminary net sales of about $196 million for the second quarter of 2020, a 17% decrease compared to the same quarter in 2019.

F&P’s homecare group sees 9% increase in revenues


IRVINE, Calif. – Fisher & Paykel Healthcare reported operating revenue of $1.26 billion for its fiscal year ended March 31, 2020, an 18% increase compared to 2019 or a 14% increase in constant currency.

Great Elm hits new high with PAP patients


WALTHAM, Mass. – Great Elm Capital Group reports that its DME revenue grew 20.2% year over year in the third quarter of its fiscal year 2020, with growth in all major product categories.

ResMed sees surge in demand for vents


SAN DIEGO – ResMed generated about $35 million in revenues from a COVID-19 related surge in demand for ventilators in the third quarter of fiscal year 2020.

ResMed reports broad growth


SAN DIEGO – ResMed reported revenue of $769.5 million for the third quarter of fiscal year 2020, a 16% increase compared to the same period last year.

Philips reports mixed quarterly results

Company expects return to growth and improved profitability in the second half of the year

AMSTERDAM – Philips reported sales of EUR 4.2 billion for the first quarter, a 2% comparable sales decrease.

Income from continuing operations was EUR 42 million, vs. 245 million; and adjusted EBITDA margin was 5.9% of sales vs. 8.8%.

Viemed grows vent base by 31% in Q4


LAFAYETTE, La. – Viemed Healthcare reported net revenues of $21.4 million for the quarter ended Dec. 31, 2019, a 30% increase over revenue less bad debt expense reported for the comparable quarter in 2018.

Net income was $2.4 million, a 20% decrease.

Inogen acknowledges ‘challenging year’


GOLETA, Calif. – Inogen reported revenue of $78.9 million for the fourth quarter of 2019 compared to $86.5 million for the same period in 2018, an 8.8% decrease.

It reported a net loss of $1.4 million vs. a net income of $10 million.

AdaptHealth reports ‘near record’ number of acquisitions, increases outlook


PLYMOUTH MEETING, Pa. – AdaptHealth reported net revenue of $149.5 million for the fourth quarter ended Dec. 31, 2019, a 38% increase over the same period last year.

Invacare improves operating loss by $7.8M in 2019


ELYRIA, Ohio – Invacare reported net sales decreased 4.8% to $232.9 million in the fourth quarter of 2019. It reported an operating loss of $3.8 million vs. a loss of $1.1 million.