Masimo Corp. (MASI) Tops Q3 EPS by 17c
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Masimo Reports Third Quarter 2017 Financial Results
October 31, 2017 4:05 PM EDTQ3 2017 Highlights (compared to Q3 2016):
Total revenue, including royalty and other revenue increased 15.6% to $193.7 million. Product revenue increased 13.1% to $181.3 million. Masimo rainbow® revenue increased 19.9% to $21.5 million. 51,100 SET® and rainbow SET oximeters were shipped. Net income of $39.2 million, or $0.70 per diluted share versus $27.8 million, or $0.52 per diluted share in the year-ago period.
IRVINE, Calif.--(BUSINESS WIRE)-- Masimo (NASDAQ: MASI) today announced its financial results for the third quarter ended September 30, 2017.
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