Revenue growth has stalled in the last 3 quarters, going from 1,117mil to 1,122 and now 1,102.
Profit margin is dropping going from 20.7% to 20.4% to 19.8%.
This is in an environment where they say GLP1 isnt having any effect yet. Is the explanation that the drop is due to GLP1 just a case of finding a narrative to fit when its more fundamental problems at work?
Ann: ResMed Announces Results for the First Quarter of FY2024, page-59
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