Recap: Masimo Q3 Earnings - Masimo (NASDAQ:MASI)

Masimo MASI reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

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

Masimo beat estimated earnings by 6.78%, reporting an EPS of $0.63 versus an estimate of $0.59.

Revenue was down $70.40 million from the same period last year.

Last quarter the company missed on EPS by $0.24 which was followed by a 1.7% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.86	0.83	1.17	0.92
EPS Actual	0.62	0.87	1.32	1
Revenue Estimate	454.50M	557.85M	602.49M	533.44M
Revenue Actual	455.30M	565.00M	617.00M	549.30M

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.