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ResMed third-quarter profit drops 3pc to $US88.5m

Tim BinstedReporter
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ResMed chief executive Mick Farrell said the medical device maker is only one mile into a marathon in its push to integrate data and cloud technology with healthcare.

In February the $10.6 billion ResMed inked a deal to acquire health information technology group Brightree for $US800 million in a clear signal of strategic intent.

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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/resmed-thirdquarter-profit-drops-3pc-to-us885m-20160426-goffhj