Discontinued — last reported Q2 '24
ResMed Software as a Service — Operating Income (Loss) remained flat by 0.0% to $38.61M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 33.7%, from $28.88M to $38.61M. Over 3 years (FY 2021 to FY 2024), Software as a Service — Operating Income (Loss) shows an upward trend with a 18.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Higher operating income indicates improved pricing power, operational leverage, or cost management within the digital services division.
This represents the profitability of the Software as a Service segment after deducting operating expenses from net reven...
Commonly reported as segment operating profit in diversified healthcare and technology firms.
rmd_segment_software_as_a_service_operating_income_loss| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $92.36M | $93.04M | $115.53M | $154.45M |
| YoY Change | — | +0.7% | +24.2% | +33.7% |