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Masimo Corporation
Masimo Reports Fourth Quarter 2007 and Full Year 2007 Financial Results
March 15th, 2008
Masimo Corporation (NASDAQ:MASI), the inventor of Pulse CO-Oximetry and Measure-Through Motion & Low Perfusion pulse oximetry, announced its financial results for both the quarter and year ended December 29, 2007. For the fiscal fourth quarter, Masimo reported product revenues of $55.2 million representing a 29% increase over $42.9 million for the fourth quarter of 2006. Including royalty revenues, Masimo reported total fourth quarter revenues of $69.3 million compared to $61.6 million for the fourth quarter of 2006. Net income for the quarter was $12.1 million representing $0.20 earnings per common share, including $0.02 per common share relating to a year-to-date tax...
Source: Law & Health Weekly (2008-03-15)
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