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Jun 27, 2020
Masimo Q2 2020 Earnings Report
Masimo's Q2 2020 financial results were announced, revealing a strong increase in product revenue and GAAP net income per diluted share.
Key Takeaways
Masimo reported a 31.0% increase in total revenue to $301.0 million for Q2 2020, with product revenue also up by 31.1%. GAAP net income per diluted share was $0.96, and non-GAAP net income per diluted share was $0.85. Shipments of noninvasive technology boards and instruments reached a record 165,600.
Product revenue increased by 31.1% to $301.0 million.
GAAP net income per diluted share was $0.96.
Non-GAAP net income per diluted share was $0.85.
Shipments of noninvasive technology boards and instruments reached a record 165,600.
Masimo
Masimo
Masimo Revenue by Segment
Forward Guidance
The Company is not providing financial guidance due to the many uncertainties still surrounding COVID-19 and its impact on the Company’s normal business patterns.