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The thesis most analysts are running is a structural growth compounder: a business with 80% of its addressable sleep apnea market still undiagnosed, a recurring-revenue mask and accessories segment that now generates double-digit annual growth, and a margin profile expanding toward 37% EBIT margins by fiscal 2027 estimates

doi: 10.1016/j.bbrc.2017.06.031 63 SammsRJCoghlanMPSloopKW

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