earnings
confidence high
sentiment positive
materiality 0.75
Masimo Q1 2023 revenue $565M (+85.7% YoY), healthcare up 14%; non-GAAP EPS $0.87 beats; FY guidance raised
MASIMO CORP
2023-Q1 EPS reported
$0.39
revenue$565,000,000
- Consolidated revenue $565.0M (+85.7% YoY); healthcare $346.7M (+14.0% reported, +15.8% constant currency).
- Non-healthcare (consumer) revenue $218.3M; GAAP EPS $0.39, non-GAAP EPS $0.87.
- Full-year 2023 guidance: consolidated revenue $2,415-2,460M; non-GAAP EPS $4.70-4.80.
- CEO cites solid performance, new hospital wins, and momentum in consumer health (Opioid Halo, Stork, Freedom pre-order).
- Healthcare growth driven by rainbow, Nomoline, Sedline, O3 monitoring uptake.