Financial PerformanceThe company experienced a 140 basis points gross margin expansion, reaching a level not seen since 2Q21, indicating strong financial performance.
Share Buyback ProgramStrong cash generation has allowed Resmed to extend its buyback program, increasing it to $100 million per quarter, which is a positive signal to investors.
Tariff ExemptionResmed confirms CPAP products are exempt from tariffs under the Nairobi Protocol, which is a favorable development for the company.