ResMed achieves sales uplift in third quarter of 2015 business year

ResMed has announced its results for the third quarter of its 2015 fiscal year, during which it achieved a revenue total of $422 million (279.12 million pounds).

This represented a six percent year-on-year increase, or 13 percent on a constant currency basis. Meanwhile, net income rose by one percent and diluted earnings per share improved by two percent compared to the quarter ended March 31st 2014.

Key drivers of growth included the strong demand for the company's new flow generators following their launches in the US, as well as continued growth in its Asia-Pacific and European activities.

The firm also expanded its informatics capabilities with the acquisition of Jaysec, a provider of cloud-based software solutions for the home medical equipment industry, plus the integration of its AirView patient management system with leading informatics partners.

Mick Farrell, ResMed's chief executive officer, said: "We are pleased to report excellent progress with our new product launches, as we continued to see double-digit revenue growth."