Masimo Corp. ( (MASI) ) has released its Q1 earnings. Here is a breakdown of the information Masimo Corp. presented to its investors.
Masimo Corporation is a global technology company specializing in innovative monitoring technologies, including sensors and patient monitors, primarily serving the healthcare sector. The company is also known for its consumer audio brands.
In the first quarter of 2025, Masimo reported a GAAP revenue of $372 million, marking a 10% growth, and a non-GAAP net income per diluted share of $1.36, a 56% increase from the previous year. The company faced a GAAP loss from discontinued operations due to a $295 million impairment in its non-healthcare consumer business.
Key financial highlights include a robust performance in continuing operations with a non-GAAP revenue of $371 million and a significant growth in earnings. The company also provided an updated 2025 outlook, projecting non-GAAP revenue between $1,500 and $1,530 million, with an operating margin impacted by new tariffs.
Looking ahead, Masimo’s management remains optimistic about leveraging its technological advantages and strong team to drive growth, despite challenges such as new tariffs. The company plans to adjust its operations to mitigate tariff impacts and continues to focus on innovation and customer engagement.