Masimo: Q1 Earnings Insights

Masimo MASI reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

Masimo beat estimated earnings by 4.82%, reporting an EPS of $0.87 versus an estimate of $0.83.

Revenue was up $260.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 5.15% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.17 0.92 1.20 0.87
EPS Actual 1.32 1 1.35 0.93
Revenue Estimate 602.49M 533.44M 540.56M 303.83M
Revenue Actual 617.00M 549.30M 565.30M 304.24M

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.

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