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Investing.com - Electromed 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 EPS of $0.03 on revenue of $10.3M.
Electromed 's are down 16% and is trading at $10.47 , still down 22.19% from its 52 week high of $13.46 set on Monday, January 3, 2022.
Electromed follows other major Healthcare sector earnings this month
Electromed's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, for EPS of $2.52 on revenue of $23.46B.
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