earnings
confidence high
sentiment negative
materiality 0.75
Masimo Q2 revenue $455M, EPS $0.29 GAAP; cuts FY guidance to $2.1-2.2B
MASIMO CORP
2023-Q2 EPS reported
$0.68
revenue$1,020,300,000
- Consolidated revenue $455.3M (healthcare $281.1M, non-healthcare $174.2M); GAAP EPS $0.29, non-GAAP $0.62.
- GAAP operating income $29.3M, non-GAAP $58.6M; 64,100 noninvasive tech board shipments.
- CEO disappointed; record hospital customer gains but inpatient volumes below expectations.
- Updated Q3 2023 revenue guidance $475-525M; full-year revenue $2.1-2.2B (down from prior).
- Full-year GAAP EPS guidance $1.91-2.11; non-GAAP $3.35-3.55.