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

------ ------ ------ Total revenue 83,066 69,276 307,074 256,286 Cost of goods sold 24,537 19,976 89,454 73,606 ------ ------ ------ ------ Gross profit 58,529 49,300 217,620 182,680 Operating expenses: Research and development 7,197 5,505 25,495 22,960 Selling, general and administrative 31,007 26,659 120,069 91,234 Antitrust litigation 215 555 706 1,537 --- --- --- ----- Total operating expenses 38,419 32,719 146,270 115,731 ------ ------ ------- ------- Operating income 20,110 16,581 71,350 66,949 Non-operating income (expense): Interest income 176 1,091 2,305 2,361 Interest expense (31) (644) (753) (2,475) Other (276) 517 (511) 1,287 ---- --- ---- ----- Total non-operating income (expense) (131) 964 1,041 1,173 ---- --- ----- ----- Income before provision for income taxes 19,979 17,545 72,391 68,122 Provision for income taxes 20,509 5,490 40,464 25,867 ------ ----- ------ ------ Net income (loss) (530) 12,055 31,927 42,255 Accretion of preferred stock -
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SOURCE Masimo Corporation
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