secwatch.observer — SEC 8-K summary
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Issuer:     MASIMO CORP (MASI)
CIK:        0000937556
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0000937556-25-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masimo Q1 non-GAAP EPS $1.36 (+56% YoY); core revenue $372M (+10%); FY guidance cut on tariffs
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- GAAP revenue $372M, up 10% YoY; non-GAAP EPS $1.36, up 56% from prior year.
- Discontinued ops (Sound United) loss of $218M including $295M impairment; held-for-sale.
- FY2025 guidance: non-GAAP revenue $1.5B-$1.53B; non-GAAP EPS $4.80-$5.15, includes tariff impact.
- Prior FY guidance (ex-tariffs) was EPS $5.30-$5.60; mitigation plans being developed.
- CEO Katie Szyman cites strong core healthcare earnings power and double-digit growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/937556/000093755625000079/0000937556-25-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/937556/000093755625000079/masi-20250506.htm
  HTML page:      https://secwatch.observer/filing/0000937556-25-000079

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer