SAN DIEGO (AP) _ ResMed Inc. (RMD) on Thursday reported fiscal fourth-quarter earnings of $195.1 million.

On a per-share basis, the San Diego-based company said it had net income of $1.33. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.

The maker of medical products for respiratory disorders posted revenue of $876.1 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $781.1 million.

For the year, the company reported profit of $474.5 million, or $3.24 per share. Revenue was reported as $3.2 billion.

ResMed shares have risen 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $267.38, a rise of 32% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RMD at https://www.zacks.com/ap/RMD

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