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Electromed ( (ELMD) ) has issued an update.
Electromed, Inc. reported a strong fiscal start for 2025 with an impressive 19% increase in net revenue to $14.7 million in Q1, driven by strategic growth initiatives and an expanding direct sales force. The company’s gross margin improved to 78.3%, while net income surged to $1.5 million, showcasing the effectiveness of its innovative marketing campaign and operational efficiencies. As Electromed continues to enhance shareholder value, it remains committed to furthering its market presence and maintaining robust financial health.
For an in-depth examination of ELMD stock, go to TipRanks’ Stock Analysis page.
