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

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Masimo Reports Second Quarter 2016 Financial Results

August 3, 2016 4:06 PM EDT

Q2 2016 Highlights (compared to Q2 2015):

Total revenue, including royalties, rose 10.9% to $172.6 million Product revenue rose 11.5% to $164.6 million Masimo rainbow® revenue rose 10.6% to $14.9 million 45,300 SET® and rainbow® SET® oximeters were shipped GAAP net income of $30.0 million, or $0.57 per diluted share versus $19.4 million, or $0.36 per diluted share in the year-ago period

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

Second quarter 2016... More