cyber
confidence high
sentiment positive
materiality 0.65
Masimo provides cyber incident update; manufacturing at near full capacity, no material revenue impact expected
MASIMO CORP
- Manufacturing running at near full capacity; order-taking, distribution and shipping systems fully operational.
- Company expects majority of out-of-pocket remediation costs covered by cyber insurance; costs non-recurring.
- Reaffirms updated financial outlook for FY 2025 provided May 6; cyber incident not expected to materially impact revenue.
- Incident discovered April 27, 2025; investigation ongoing with third-party experts and law enforcement coordination.
- Company continues optimizing systems to process any delayed orders in a timely manner.
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