ResMed Inc. reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported net revenue of $454,540,000 compared to $422,952,000 a year ago. Income from operations was $107,977,000 compared to $109,146,000 a year ago. Income before income taxes was $113,695,000 compared to $115,511,000 a year ago. Net income was $90,517,000 or $0.64 per diluted share compared to $91,181,000 or $0.64 per diluted share a year ago. Non-GAAP income from operations (excluding the impact of SERVE-HF accrual release, restructuring expenses and amortization of acquired intangible assets) was $116,918,000 compared to $111,408,000 a year ago. Non-GAAP diluted earnings per share were $0.69 compared to $0.65 a year ago. Non-GAAP net income for the quarter ended December 31, 2015 was $97.5 million, a 5% increase compared with the quarter ended December 31, 2014. Cash flow from operations for the quarter was $147.4 million.

For the six months period, the company reported net revenue of $866,187,000 compared to $803,351,000 a year ago. Income from operations was $206,002,000 compared to $203,821,000 a year ago. Income before income taxes was $213,139,000 compared to $217,441,000 a year ago. Net income was $170,919,000 or $1.21 per diluted share compared to $174,440,000 or $1.22 per diluted share a year ago. Net cash provided by operating activities was $269,512,000 compared to $192,538,000 a year ago. Purchases of property, plant and equipment were $30,934,000 compared to $39,675,000 a year ago. Non-GAAP income from operations (excluding the impact of SERVE-HF accrual release, restructuring expenses and amortization of acquired intangible assets) was $217,250,000 compared to $208,176,000 a year ago. Non-GAAP diluted earnings per share were $1.27 compared to $1.25 a year ago.