Loading...
•
Apr 01, 2023
Masimo Q1 2023 Earnings Report
Masimo's financial performance showed solid growth, driven by healthcare segment and consumer business exceeding expectations.
Key Takeaways
Masimo reported consolidated revenue of $565.0 million, representing an 85.7% increase compared to the first quarter of 2022. Healthcare revenue grew by 14.0%, while non-healthcare revenue was $218.3 million. GAAP earnings per diluted share were $0.39, and non-GAAP earnings per diluted share were $0.87.
Consolidated revenue reached $565.0 million.
Healthcare revenue was $346.7 million, with 14.0% reported growth.
Non-healthcare revenue amounted to $218.3 million.
GAAP earnings per diluted share stood at $0.39, while non-GAAP earnings per diluted share was $0.87.
Masimo
Masimo
Forward Guidance
The company provided estimates for its updated full-year 2023 guidance.