RMD 0.54% $37.28 resmed inc

ResMed's profit down despite revenue rise, page-10

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    For mine, this result - especially the combination of soft top line growth (if one strips out Revenue contributions from acquisitions) and pressure on GP Margins - goes a long way to explaining some of the strategic motivations behind the Brightree acquisition earlier this year.

    Anyone who had reservations earlier this year, about management's rational for buying Brightree, will have increasing grounds for having those reservations reinforced, I believe.
 
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