Masimo Q2 2024 Adj EPS $0.86 Beats $0.76 Estimate, Sales $496.30M Beat $493.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Masimo (NASDAQ:MASI) reported Q2 2024 adjusted EPS of $0.86, beating the estimate of $0.76 by 13.16%. Sales were $496.30M, surpassing the $493.56M estimate and showing a 9.01% increase from last year's $455.30M.
August 06, 2024 | 8:28 pm
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Masimo reported strong Q2 2024 results with EPS of $0.86 beating estimates by 13.16% and sales of $496.30M surpassing expectations, showing a 9.01% YoY increase.
The strong earnings and sales performance, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact Masimo's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100