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Masimo (MASI) Gets Non-Binding Offer for Consumer Business
ZACKS· 2024-07-12 11:06
Masimo (MASI) recently announced that, on Jul 2, it received a non-binding term sheet confirmation from a third party, which included an acquisition offer for MASI's consumer business. MASI did not provide any details about the third party. More on the Deal Politan Tussle Shares of Masimo have declined 5.1% so far this year against the industry's 3.4% rise and the S&P 500's 18.8% growth. Apart from announcing the term-sheet offer, Masimo announced preliminary results for the second quarter. Consolidated rev ...
Masimo (MASI) Preliminary Q2 Results Aided by Healthcare Unit
ZACKS· 2024-07-10 17:11
Masimo Corporation (MASI) announced preliminary financial results for second-quarter 2024 on Jul 9. Following this release, the company's shares edged up 0.1% in the after-hours trading session. Prelim Q2 in Detail At constant exchange rate (CER), revenues are expected to improve 10.1% year over year. Non-healthcare revenues are expected to be $152 million, down 12.6% and 10.9% year over year on a reported basis and at CER, respectively. Guidance A Brief Q2 Analysis On first-quarter 2024 earnings call in Ma ...
Masimo Corporation Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm
GlobeNewswire News Room· 2024-07-02 20:17
Investors can contact the law firm at no cost to learn more about recovering their losses Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. Please visit our website to review more information and submit your transact ...
Masimo's (MASI) WI Sport Wearable Gets a New Powerful Feature
ZACKS· 2024-07-02 17:16
Existing Masimo W1 Sport owners will soon be able to update their watch firmware and Masimo Health app to begin their sleep-tracking journey with Sleep Halo. Masimo W1 Sport and Sleep Halo are intended for general health and wellness purposes. Masimo W1 is unique among wearables since it continuously measures the wearer's SpO2 and PR and provides a truly informed, robust analysis of how one sleeps. The company has benchmarked Sleep Halo with EEG to confirm its stages of sleep are comparable with sleep analy ...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Masimo Corporation – MASI
GlobeNewswire News Room· 2024-06-30 15:52
NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Masimo Corporation ("Masimo" or the "Company") (NASDAQ: MASI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. [Click here for information about joining the class action] On this news, Masimo's stock price fell $15.98 per share, or 11.75%, to close at $120.02 per share on May 8, 2024. Attorney advertising. Prior results do not guarantee similar ...
MASI ANNOUNCEMENT: If You Have Suffered Losses in Masimo (NASDAQ: MASI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-06-28 23:45
On this news, Masimo's stock price fell $15.98 per share, or 11.75%, to close at $120.02 per share on May 8, 2024, on unusually heavy trading volume. Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation (NASDAQ: MASI) resulting from allegations that Masimo may have issued materially misleading business information to the investing public. What to do next: To join the prospective class action, go to https: ...
Masimo (MASI), Cleveland Clinic Unite to Enhance Patient Care
ZACKS· 2024-06-28 16:16
The partnership is intended to integrate Cleveland Clinic's critical care and non-critical care central patient monitoring platforms with Masimo's Hospital Automation platform. The partnership is likely to provide tools for clinicians that offer enhanced situational awareness and clinical decision-support for hospitalized patients, including the critically ill. Masimo and Cleveland Clinic are set to work together to develop a new Halo-based decision-support tool as part of their collaboration. This tool wil ...
Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company
CNBC· 2024-06-26 11:31
"This results in Mr. Kiani spending whatever he wants however he wants," Koffey wrote. For this year's meeting, Politan has nominated Darlene Solomon, formerly chief technology officer at Agilent, and Bill Jellison, who was chief financial officer at Stryker. Masimo's stock has continued to slide, falling 28% since last year's meeting, while the S&P 500 has gained 26% over that stretch. Politan says it's been stymied from making any meaningful changes to how the company is run, and says Masimo's board still ...
In Another Win for Masimo, Knobbe Martens Secures Dismissal of Infringement Lawsuit
Prnewswire· 2024-06-24 13:00
In August 2023 Wrist SP filed a complaint in the Western District of Texas, asserting U.S. Patent No. 11,331,015 against Masimo pulse oximetry sensors. In the complaint, Wrist SP accused the majority of Masimo's disposable sensor models, which are used by over 200 million patients annually, of infringement. This was the most recent success Knobbe Martens has secured on behalf of Masimo. Last month, a team from the firm represented Masimo in litigation resulting in a permanent injunction against Sotera Wirel ...
Masimo Corporation Announcement: If You Have Suffered Losses in Masimo Corporation (NASDAQ: MASI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2024-06-19 22:36
NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- ___________________ WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Masimo Corporation (NASDAQ: MASI) resulting from allegations that Masimo may have issued materially misleading business information to the investing public. On this news, Masimo's stock price fell $15.98 per share, or 11.75%, to close at $120.02 per share on May 8, 2024, on unusually heavy trading volume. WHY ...