Masimo Corp. (MASI) Misses Q1 EPS by 9c

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Masimo Reports First Quarter 2022 Financial Results

May 3, 2022 4:05 PM EDT

First Quarter 2022 Highlights

Revenue was $304 million; GAAP net income per diluted share was $0.81; and Non-GAAP net income per diluted share was $0.93.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced its financial results for the first quarter of 2022, ended April 2, 2022.

First Quarter 2022 Results

Revenue was $304.2 million, which represents 1.7% reported growth and 3.2% growth on a constant currency basis, compared to $299.0 million in the first quarter of 2021. Excluding handheld and fingertip pulse oximeters, shipments of noninvasive technology boards and instruments were... More