Craig Wong-Pan's questions to Resmed Inc (RMD) leadership • Q2 2025
Question
Craig Wong-Pan from RBC noted the slowdown in SaaS revenue growth and asked for details on the performance of different businesses within the segment and whether double-digit growth is still expected.
Answer
Executive Michael Farrell explained that while the company doesn't break out specific growth rates, the MEDIFOX business in Germany is growing ahead of the segment's 8% rate, with Brightree performing in line. He acknowledged lower growth in areas like skilled nursing facilities. Farrell reiterated guidance for high single-digit revenue growth for the overall SaaS business but emphasized a focus on achieving double-digit net operating profit growth through portfolio management and targeted investments.