Actually, a friend of mine who is an HVAC Tech, was checking out this stove, out of interest, and happened to have his work van and tools. The analyzer you are speaking of, had a long metal probe. He did a quick check of the flue gases at termination. The readings I recall him saying were flue temperature and carbon monoxide level. The stove was on high and the exhaust gases coming out of the flue were near 700 degrees. The carbon monoxide was near 40 ppm.
The CO level sounds fine, the stack temperature sounds unusually high. I would expect something more like 400m degrees. The high stack temperature suggests that the draft is too high, causing the combustion gasses to travel through the stove too fast to give up much of their heat, so it goes up the chimney.
If he's got a reading of the oxygen level in the combustion gasses, we'd be able to tell better if that was the case. If oxygen levels were high, that would document excessive combustion air. Low to moderate levels of oxygen would document that excess combustion air was moderate, and most was being used up burning the gas. You need some excess air to insure that the gas is burned properly, but too much is too much and inefficient.
Also, it would be useful to know if he got a reading on the draft at the stack. A cause of high excess air might be a stack that has too much draft and is therefore sucking too much air through the stove and up the chimney. That could explain the high stack temperature.
Perhaps he just had a carbon monoxide detector and not a combustion analyzer that measures a lot of things including draft and oxygen levels. That's what I carried in my days as a gas fireplace/gas furnace/gas appliance repairman. I would have been able to measure the carbon monoxide level and stack temperature, but not other parts of a combustion analysis.
You might ask your friend if he a measurement on the draft and the oxygen levels in the flue gasses, and if he didn't perhaps he'd can borrow the instruments needed to take those measurements and do that for you. He'd probably be VERY impressed with your asking those questions!
And if he's not used to doing those kind of measurements, it might well be a valuable experience to do that for you if he can get the instruments to do so.
But your friend is the Xpert with his equipment, what did he have to say about the reads he got?
And what do you mean when you say he took the reads "at termination." That could mean several different things.