Electromed's sales rose 10.6% and operating income rose 30.7%, led by home care growth of 17.6%; home care made up 94% of sales despite distributor and hospital declines. The CEO plans to retire in April 2027, and a board succession plan is underway, but the stronger core results drive the reading.
More sales reps and better productivity helped Electromed's main business grow. Distributor and hospital sales fell sharply, but those channels are much smaller than home care. The CEO's planned retirement adds a leadership change, with a board plan for succession.
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