IRVINE, CA, May 06, 2015 (Marketwired via COMTEX) -- Masimo MASI, +3.21%
Q1 2015 Highlights (compared to Q1 2014):
-- Total revenue, including royalties, rose 11% to $154.5 million
-- Product revenue rose 11% to $147.4 million
-- Masimo rainbow(R) revenue declined 5% to $12.2 million
-- SET(R) and rainbow(R) SET(R) units shipments were 44,000
-- Net income of $20.5 million, or $0.38 per diluted share versus $22.6
million or $0.39 per diluted share in the year-ago period; year-ago
period earnings per diluted share included a $0.09 benefit from legal
accrual reversal
-- Non-GAAP net income of $22.2 million, or $0.41 per diluted share
versus $17.9 million or $0.31 per diluted share in the year-ago period
Masimo MASI, +3.21% today announced its financial results for the first quarter ended April 4, 2015.
First quarter 2015 product revenues rose 11% to $147.4 million, compared to $132.2 million for the first quarter of fiscal year 2014, and total revenue, including royalties, rose 11% to $154.5 million, up from $139.8 million for the first quarter of fiscal year 2014. The unfavorable effect of foreign currency movements reduced first quarter product revenues by approximately $4.2 million.
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Q1 2015 Highlights (compared to Q1 2014):
-- Total revenue, including royalties, rose 11% to $154.5 million
-- Product revenue rose 11% to $147.4 million
-- Masimo rainbow(R) revenue declined 5% to $12.2 million
-- SET(R) and rainbow(R) SET(R) units shipments were 44,000
-- Net income of $20.5 million, or $0.38 per diluted share versus $22.6
million or $0.39 per diluted share in the year-ago period; year-ago
period earnings per diluted share included a $0.09 benefit from legal
accrual reversal
-- Non-GAAP net income of $22.2 million, or $0.41 per diluted share
versus $17.9 million or $0.31 per diluted share in the year-ago period
Masimo MASI, +3.21% today announced its financial results for the first quarter ended April 4, 2015.
First quarter 2015 product revenues rose 11% to $147.4 million, compared to $132.2 million for the first quarter of fiscal year 2014, and total revenue, including royalties, rose 11% to $154.5 million, up from $139.8 million for the first quarter of fiscal year 2014. The unfavorable effect of foreign currency movements reduced first quarter product revenues by approximately $4.2 million.
Help employers find you! Check out all the jobs and post your resume.
