Masimo Corp. (NASDAQ: MASI) reported Q4 EPS of $0.83, $0.10 better than the analyst estimate of $0.73. Revenue for the quarter came in at $223.1 million versus the consensus estimate of $219.96 million.

• Total revenue, including royalty and other revenue, was $223.1 million;
• Product revenue increased 12.8% to $221.4 million, or 13.5% on a constant currency basis;
• Shipments of noninvasive technology boards and monitors increased 11.5% to 60,300;
• GAAP net income per diluted share of $0.83; and
• Non-GAAP net income per diluted share increased 53.7% to $0.83.

oe Kiani, Chairman and Chief Executive Officer of Masimo, said, “2018 was a dynamic year for Masimo as we are seeing strong momentum in our business. Our global organization executed on our strategy to deliver above-market growth and drive operational efficiencies throughout the business. We are extremely happy to report fourth quarter and full year results that exceeded expectations. Due to the strong finish in 2018, we are now increasing our 2019 product revenue guidance to $912 million and our 2019 non-GAAPearnings per diluted share guidance to $3.08.”

GUIDANCE:

Masimo Corp. sees FY2019 EPS of $3.08, versus the consensus of $3.04.

Masimo Corp. sees FY2019 revenue of $912 million, versus the consensus of $909.68 million.

For earnings history and earnings-related data on Masimo Corp. (MASI) click here.