INSULET CORP [PODD] posts $4.60M profit as revenue rises 18.79% to $1,305.30M

INSULET CORP [PODD] posted a profit of $4.60M, marking a fall of 72.62% for this year.

Revenue rose to $1,305.30M this year compared to $1,098.80M in the previous year.

The Massachusetts(MA)-based company’s earnings per share came in at 0.07, compared to 0.24 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $4.60M, down 72.62% from $16.80M.

The company’s net sales for the period were $1,305.30M, up 18.79%. Net sales in the previous year were $1,098.80M.