Masimo Reports Second Quarter 2016 Financial Results

Go back to Masimo Reports Second Quarter 2016 Financial Results

Wedbush Raises Price Target on Masimo Corp. (MASI) Following 2Q Beat and Raise

August 4, 2016 9:52 AM EDT

Wedbush reiterated an Outperform rating on Masimo Corp. (NASDAQ: MASI), and raised the price target to $63.00 (from $60.00), following the company's 2Q earnings report. Product revenue of $165 million was ~$6 million ahead of estimates. Adjusted EPS of $0.45 beat estimates by $0.04. Masimo now expects product revenue of $658... More

Piper Jaffray Raises Price Target on Masimo Corp. (MASI) Following the Company's 2Q Earnings Report

August 4, 2016 8:54 AM EDT

Piper Jaffray reiterated an Overweight rating on Masimo Corp. (NASDAQ: MASI), and raised the price target to $55.00 (from $52.00), following the company's 2Q earnings report. Revenue increased 10.9% yoy to $172.6M, above consensus' $166.0M estimate. GAAP EPS of $0.57 was also above the Street's $0.41.

Analyst William Quirk commented, "Masimo... More

Masimo Corp. (MASI) Misses Q2 EPS by 41c; Boosts Outlook

August 3, 2016 4:54 PM EDT

Masimo Corp. (NASDAQ: MASI) reported Q2 EPS of $0.00, $0.41 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $172.6 million versus the consensus estimate of $166.02 million.

GUIDANCE:

Masimo Corp. sees FY2016 EPS of $2.01, versus prior guidance of $1.83 and... More