Masimo Corp. (MASI) Tops Q4 EPS by 11c

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

February 15, 2022 4:06 PM EST

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% to $327.6 million, or 11.5% on a constant currency basis, compared to $295.1 million in the fourth quarter of 2020. Excluding handheld and fingertip pulse oximeters, shipments of noninvasive technology boards and instruments were 76,000 in the fourth quarter of 2021.

For the fourth quarter 2021, GAAP operating margin was 23.6%, compared to 22.0% in the fourth quarter of 2020. Fourth quarter 2021 non-GAAP operating margin was 25.7%, compared to 23.1% in the fourth quarter of 2020.

For the fourth quarter... More