Roth Capital Raises Price Target on Masimo Corp. (MASI) to $46 Following 2Q Results and Guidance
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Masimo Reports Second Quarter 2015 Financial Results
August 4, 2015 4:05 PM EDTQ2 2015 Highlights (compared to Q2 2014):
Total revenue, including royalties, rose 10.5% to $155.7 million Product revenue rose 10.6% to $147.6 million Masimo rainbow® revenue rose 16.3% to $13.5 million SET® and rainbow® SET® units shipments were a record 44,300 GAAP net income of $19.4 million, or $0.36 per diluted share versus $13.8 million or $0.24 per diluted share in the year-ago period Non-GAAP net income of $23.1 million, or $0.43 per diluted share versus $14.1 million or $0.25 per diluted share in the year-ago periodIRVINE, Calif.--(BUSINESS WIRE)--... More
