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Masimo Reports Fourth Quarter and Full Year 2008 Financial Results
Date:3/3/2009

Record results mark 22nd consecutive quarter and 14th year of consecutive product revenue growth. Company also announces international realignment to better support growing non-US business.

Q4 2008 Highlights:

- Product revenues increased 29.4% to $71.4 million

- Rainbow revenues increased 161% to $4.7 million

- Over 31,700 Masimo SET and Masimo Rainbow SET pulse oximeter units were shipped in Q4 2008

- International realignment results in a Q4 2008 tax charge of $0.25 per share and a Q4 2008 net loss of $0.01 per share; Q4 2008 earnings per share, excluding the tax charge, was $0.24 per share

Full Year 2008 Highlights:

- Product revenues increased 29.7% to $258.9 million

- Rainbow revenues increased 91% to $13.4 million

- Over 120,000 Masimo SET and Masimo Rainbow SET pulse oximeter units were shipped in 2008

- International realignment results in a Q4 2008 tax charge of $0.25 per share and full year 2008 earnings per share of $0.53; full year 2008 earnings per share, excluding the Q4 tax charge, was $0.78 per share

IRVINE, Calif., March 3 /PRNewswire-FirstCall/ -- Masimo Corporation (Nasdaq: MASI), the inventor of Pulse CO-Oximetry and Measure-Through Motion and Low-Perfusion pulse oximetry, today announced its financial results for both the quarter and year ended January 3, 2009.

For the fiscal fourth quarter, Masimo reported product revenues of $71.4 million representing a 29.4% increase over $55.2 million for the fourth quarter of 2007. Including royalty revenues, Masimo reported total 2008 fourth quarter revenues of $83.1 million compared to $69.3 million for the fourth quarter of 2007. For the fourth quarter, Masimo reported a loss of $0.01 per share,
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SOURCE Masimo Corporation
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Related medicine news :

1. Three Healthcare GPOs to Offer Masimo Rainbow SET(R) Pulse CO-Oximetry(TM) to Their Members
2. Masimo to Present at the Roth Capital Partners 21st Annual OC Growth Stock Conference
3. Masimo to Report Fourth Quarter and Fiscal Year 2008 Financial Results on March 3, 2009
4. Masimo Files Patent Infringement Suit Against Philips
5. Clinicians at Dartmouth-Hitchcock Medical Center Present New Data Showing Masimo Rainbow SET(R) Oximetry and Patient SafetyNet(TM) Improves Patient Outcomes and Reduces the Cost of Care
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8. Masimo Reports Second Quarter 2008 Financial Results
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10. First Nursing Facility Installation of Masimo Patient SafetyNet(TM) Goes Live With Remarkable Results
11. Dartmouth-Hitchcock Medical Center Evaluation Findings Demonstrate Masimo Patient SafetyNet(TM) Delivers Improvements in Clinical Outcomes and Patient Safety on General Care Floors
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