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ResMed Inc. Announces Record Financial Results For The Quarter Ended And Six Months Ended December 31, 2011
Date:1/26/2012

utes after the live call and will be available for two weeks.  A telephone replay of the conference call is available by dialing 617-801-6888 (domestic) and +1 617-801-6888 (international) and entering conference I.D. No. 23854403.

Further information can be obtained by contacting Constance Bienfait at ResMed Inc., San Diego, at (858) 836-5971; Brett Sandercock at ResMed Limited, Sydney, at (+612) 8884-2090; or by visiting the Company's multilingual website at www.resmed.com.  

Statements contained in this release that are not historical facts are "forward-looking" statements as contemplated by the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding the Company's future revenue, earnings or expenses, new product development and new markets for the Company's products, are subject to risks and uncertainties, which could cause actual results to materially differ from those projected or implied in the forward-looking statements. Those risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for its most recent fiscal year and in other reports the Company files with the U.S. Securities & Exchange Commission.  Those reports are available on the Company's website.RESMED INC AND SUBSIDIARIESCondensed Consolidated Statements of Income (Unaudited)(In US$ thousands, except per share data)Three Months Ended

December 31,

Six Months Ended

December 31,2011

2010

2011

2010Net revenue

$332,738

$305,986

$647,513

$587,998Cost of sales

134,023

119,987

263,743

228,045Gross profit

198,715

185,999

383,770

359,953Operating expenses:Selling, general and administrative

100,552

91,581

194,755

176,371Research and development

27,218

21,972

53,424

41,712Amortiza
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