earnings
confidence high
sentiment positive
materiality 0.75
Masimo Q3 healthcare revenue up 11.7% CC; raises FY non-GAAP EPS guidance to $3.95-$4.10
MASIMO CORP
2024-Q3 EPS reported
$0.82
revenue$1,493,700,000
- Healthcare revenue $343.3M (+11.7% CC); total revenue $504.6M; 60,500 board/instrument shipments.
- GAAP EPS $0.18; Non-GAAP EPS $0.98; GAAP operating income $30.1M, non-GAAP $80.8M.
- Raised FY2024 non-GAAP EPS guidance to $3.95-$4.10 from prior $3.80-$4.00; operating income $325-$336M.
- Narrowed FY total revenue guidance to $2.075-$2.105B from $2.085-$2.135B; healthcare $1.390-$1.400B.
- Interim CEO cites ongoing portfolio review, R&D focus on sizable markets, and strategic review of consumer business.