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Wednesday, September 26, 2018

Electromed up 18% on FQ4 earnings


Thinly traded nano cap Electromed (ELMD +17.6%) is up on a healthy 35x surge in volume, albeit on turnover of only 472K shares, in response to its fiscal Q4 results released after yesterday’s close.
Revenue was up 13% to $8.2M and net income jumped 18% to $1.1M. Cash flow ops was up 48% to $570K.

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