Masimo Corp. (MASI) Tops Q3 EPS by 10c

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Masimo Reports Third Quarter 2016 Financial Results

November 2, 2016 4:07 PM EDT

Q3 2016 Highlights (compared to Q3 2015):

Total revenue, including royalties, rose 9.9% to $167.6 million Product revenue rose 10.8% to $160.3 million Masimo rainbow® revenue rose 5.0% to $18.0 million 45,800 SET® and rainbow® SET® oximeters were shipped GAAP net income of $27.8 million, or $0.52 per diluted share versus $19.3 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 third quarter ended October 1, 2016.

Third quarter 2016 product... More