Earnings release
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ResMed Changing lives with every breath NEWS RELEASE ResMed Inc. Announces Results for the Third Quarter of Fiscal Year 2021 4/29/2021 -Year - over - year operating profit up 3 % , non - GAAP operating profit up 2 % Note : A webcast of ResMed's conference call will be available at 4:30 p.m. ET today at http://investor.resmed.com SAN DIEGO , April 29 , 2021 ( GLOBE NEWSWIRE ) -- ResMed Inc. ( NYSE : RMD , ASX : RMD ) , a world - leading digital health company , today announced results for its quarter ended March 31 , 2021 . Third Quarter 2021 Highlights All comparisons are to the prior year period ● Revenue was comparable at $ 768.8 million ; down 3 % on a constant currency basis GAAP gross margin of 58.2 % ; non - GAAP gross margin contracted 40 bps to 59.6 % Net operating profit increased 3 % ; non - GAAP operating profit up 2 % • GAAP diluted earnings ( loss ) per share of $ ( 0.54 ) ; non - GAAP diluted earnings per share of $ 1.30 ● ● " Our March 2021 quarter results reflect the ongoing recovery of core patient flow across our business , while we anniversary the $ 35 million of incremental COVID - 19 revenue in the same quarter last year . Excluding the COVID - 19 revenue from the March 2020 quarter , we achieved positive revenue growth on both a headline and constant currency basis , " said Mick Farrell , ResMed CEO . " Our global team is supporting patients and all of our customers as the most recent waves of COVID - 19 cases impact parts of Europe , Asia , and South America . I am extremely proud of 1