Electromed presents strategy to expand homecare business
ELMD•Electromed reported first-quarter fiscal 2027 revenue of $18.7 million, up from $16.9 million a year earlier, and operating income of $3.5 million, compared with $2.7 million. Its plans include expanding its homecare sales force and entering adjacent markets; cash was $15.9 million with no debt as of September 30, 2026.
1. Growth strategy and results
Electromed outlined plans to expand its homecare sales force, pursue adjacent pediatric and hospital markets, and consider potential acquisitions. First-quarter fiscal 2027 operating margin rose to 18.7% from 15.8%; the company expects gross margins of 80% to improve further.
