Masimo Corp. (MASI) Tops Q3 EPS by 18c; Guides Higher

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Masimo Reports Third Quarter 2020 Financial Results

October 27, 2020 4:05 PM EDT

Third Quarter 2020 Highlights

Product revenue increased 21.5% to $278.1 million, or 21.1% on a constant currency basis; GAAP net income per diluted share was $0.85; and Non-GAAP net income per diluted share was $0.80.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced its financial results for the third quarter ended September 26, 2020.

Third Quarter 2020 Results:

Total revenue, including royalty and other revenue, increased 21.4% to $278.1 million, compared to $229.0 million in the third quarter of 2019. Product revenue increased 21.5% to $278.1 million, or 21.1% on a constant currency basis, compared to... More