Masimo Corp. (MASI) Tops Q1 EPS by 6c

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Go back to Masimo Corp. (MASI) Tops Q1 EPS by 6c

Masimo Reports First Quarter 2020 Financial Results

April 28, 2020 4:05 PM EDT

Q1 2020 Highlights

Product revenue increased 16.9% to $269.6 million, or 17.5% on a constant currency basis; GAAP net income per diluted share was $1.12; and Non-GAAP net income per diluted share was $0.97.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced its financial results for the first quarter ended March 28, 2020.

First Quarter 2020 Results:

Total revenue, including royalty and other revenue, increased 16.4% to $269.6 million, compared to $231.7 million in the first quarter of 2019. Product revenue increased 16.9% to $269.6 million, or 17.5% on a constant currency basis, compared to $230.5 million... More