Masimo Corp. (MASI) Tops Q1 EPS by 10c

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Masimo Reports First Quarter 2016 Financial Results

May 4, 2016 4:06 PM EDT

Q1 2016 Highlights (compared to Q1 2015):

Total revenue, including royalties, rose 10.8% to $171.2 million Product revenue rose 10.8% to $163.3 million Masimo rainbow® revenue rose 39.2% to $16.9 million SET® and rainbow® SET® units shipments were 46,300 GAAP net income of $27.6 million, or $0.53 per diluted share versus $20.5 million, or $0.38 per diluted share in the year-ago period

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) today announced its financial results for the first quarter ended April 2, 2016.

First quarter 2016... More