Masimo (MASI) Q1 Earnings Beat Estimates, '24 EPS View Up

Masimo Corporation (MASI) delivered adjusted earnings per share (EPS) of 77 cents in the first quarter of 2024, down 11.5% year over year. The figure, however, beat the Zacks Consensus Estimate by 8.5%.The adjustments include acquisition, integration and related costs, and litigation-related expenses, settlements and awards, among others.GAAP EPS was 35 cents, down 10.3% from the year-earlier figure.Revenues in DetailMasimo registered revenues of $492.8 million, down 12.8% year over year on a reported basis ...