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.

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.

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.