Masimo Corp. (MASI) Tops Q1 EPS by 2c

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Go back to Masimo Corp. (MASI) Tops Q1 EPS by 2c

Masimo Reports First Quarter 2021 Financial Results

April 26, 2021 4:05 PM EDT

First Quarter 2021 Highlights

Product revenue increased 10.9% to $299.0 million, or 9.5% on a constant currency basis; GAAP net income per diluted share was $0.92; and Non-GAAP net income per diluted share was $0.90.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced its financial results for the first quarter of 2021, ended April 3, 2021.

First Quarter 2021 Results:

Product revenue increased 10.9% to $299.0 million, or 9.5% on a constant currency basis, compared to $269.6 million in the first quarter of 2020. Excluding handheld and fingertip pulse oximeters, shipments of noninvasive... More