Recap: Masimo Q4 Earnings - Masimo (NASDAQ:MASI)

Masimo MASI reported its Q4 earnings results on Tuesday, February 27, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Masimo beat estimated earnings by 45.0%, reporting an EPS of $1.25 versus an estimate of $0.86.

Revenue was down $68.10 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 4.0% increase in the share price the next day.

Here's a look at Masimo's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.59	0.86	0.83	1.17
EPS Actual	0.63	0.62	0.87	1.32
Revenue Estimate	498.85M	454.50M	557.85M	602.49M
Revenue Actual	478.90M	455.30M	565.00M	617.00M

To track all earnings releases for Masimo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.