Financial PerformanceFree cash flow of $166.7M exceeded the estimate, and FCF guidance was raised at the low-end to $160-$180M.
Market PositionSleep is holding strong, Respiratory is taking share and moved to #1 market position, and Diabetes is a bit delayed on recovery but not materially so and offset fully by the other categories.
Strategic InitiativesAHCO continues to make strides to simplify the organization with the sale of many non-core HME businesses, which should meaningfully reduce management distractions and enhance focus on more important strategic initiatives.