Masimo Boosts FY23 Adj. EPS Outlook

From RTTNews:

Masimo Corp. announced its preliminary financial results for Q4 and full-year 2023. Q4 revenue is estimated to be between $541M and $551M, exceeding prior expectations. Full-year 2023 earnings are projected to be $1.34 to $1.54 per share, with consolidated revenue between $2.041B and $2.051B, also surpassing previous estimates. For fiscal 2024, earnings are forecasted to be $1.91 to $2.08 per share, with consolidated revenue between $2.045B and $2.165B. Non-healthcare revenue is expected to be between $700M and $780M.
The company’s Q4 revenue projections have surpassed prior expectations, with consolidated revenue estimated between $541M and $551M. Full-year 2023 earnings are estimated to be between $1.34 and $1.54 per share, with consolidated revenue between $2.041B and $2.051B. For fiscal 2024, Masimo forecasts earnings between $1.91 and $2.08 per share, and consolidated revenue between $2.045B and $2.165B.
In Q4, Masimo Corp. expects revenue to exceed previous estimates, with consolidated revenue projected between $541M and $551M. For fiscal 2023, earnings are estimated to be between $1.34 and $1.54 per share, with consolidated revenue between $2.041B and $2.051B, surpassing prior expectations. For fiscal 2024, the company forecasts earnings between $1.91 and $2.08 per share, and consolidated revenue between $2.045B and $2.165B.
The company anticipates a strong fiscal year 2024, with earnings forecasted to be $1.91 to $2.08 per share, and consolidated revenue between $2.045B and $2.165B. This includes estimated Healthcare revenue between $1.345B and $1.385B, and Non-healthcare revenue between $700M and $780M. The Street expects Masimo to report earnings of $3.08 per share on revenues of $2.09 billion for 2024.



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