Masimo (NASDAQ:MASI) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Masimo beat estimated earnings by 6.78%, reporting an EPS of $0.63 versus an estimate of $0.59.
Revenue was down $70.40 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.24 which was followed by a 1.7% drop in the share price the next day.
Here’s a look at Masimo’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.86 | 0.83 | 1.17 | 0.92 |
| EPS Actual | 0.62 | 0.87 | 1.32 | 1 |
| Revenue Estimate | 454.50M | 557.85M | 602.49M | 533.44M |
| Revenue Actual | 455.30M | 565.00M | 617.00M | 549.30M |
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.
