Masimo Corp. (MASI) Tops Q4 EPS by 10c, Revenues Beat; Raises FY19 EPS/Revenue Guidance Above Consensus

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Masimo Reports Fourth Quarter and Full Year 2018 Financial Results

February 26, 2019 4:05 PM EST

Fourth Quarter 2018 Highlights (compared to Fourth Quarter 2017):

Total revenue, including royalty and other revenue, was $223.1 million; Product revenue increased 12.8% to $221.4 million, or 13.5% on a constant currency basis; Shipments of noninvasive technology boards and monitors increased 11.5% to 60,300; GAAP net income per diluted share of $0.83; and Non-GAAP net income per diluted share increased 53.7% to $0.83.

Full Year 2018 Highlights (compared to Full Year 2017):

Total revenue, including royalty and other revenue, was $858.3 million; Product revenue increased 12.4% to $829.9 million, or... More