Recap: Masimo Q3 Earnings

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.

Earnings

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.

Past Earnings Performance

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.

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