Masimo Corp. (MASI) to Acquire Sound United for $1.025B; Reports Earnings

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Masimo Reports Fourth Quarter and Full-Year 2021 Financial Results and Announces Agreement to Acquire Sound United

February 15, 2022 4:05 PM EST

Fourth Quarter 2021 Highlights:

Product revenue increased 11.0% to $327.6 million, GAAP net income per diluted share was $1.18; and Non-GAAP net income per diluted share was $1.21.

Full-Year 2021 Highlights:

Product revenue increased 8.3% to $1,239.2 million, GAAP net income per diluted share was $3.98; and Non-GAAP net income per diluted share was $3.99.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced its financial results for the fourth quarter and full-year ended January 1, 2022.

Fourth Quarter 2021 Results:

Product revenue increased 11.0%... More