Recap: Masimo Q4 Earnings

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.

Earnings

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.

Past Earnings Performance

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.

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