Masimo (MASI) stock climbs as Q4 earnings and revenue come ahead of expectations

Go back to Masimo (MASI) stock climbs as Q4 earnings and revenue come ahead of expectations

Masimo Reports Fourth Quarter and Full-Year 2023 Financial Results

February 27, 2024 4:05 PM EST

Fourth Quarter 2023 Highlights:

Consolidated revenue was $548.9 million; Healthcare revenue was $339.9 million; Non-healthcare revenue was $209.0 million; GAAP net income per diluted share of $0.63; and Non-GAAP net income per diluted share (updated definition) of $1.25.

Full-Year 2023 Highlights:

Consolidated revenue was $2,048.1 million; Healthcare revenue was $1,275.5 million; Non-healthcare revenue was $772.6 million. GAAP net income per diluted share of $1.51; and Non-GAAP net income per diluted share (updated definition) of $3.79.

IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (Nasdaq: MASI) today announced... More