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Masimo Reports Fourth Quarter and Full Year 2010 Financial Results; Provides 2011 Guidance
Date:2/15/2011

the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Investor Contact: Sheree AronsonMedia Contact: Dana BanksVice President, Investor Relations, Masimo CorporationManager, Public Relations, Masimo Corporation (949) 297-7043 (949) 297-7348 saronson@masimo.comdbanks@masimo.comMasimo, SET, Signal Extraction Technology, Improving Patient Outcome and Reducing Cost of Care...  by Taking Noninvasive Monitoring to New Sites and Applications, Rainbow, SpHb, SpOC, SpCO, SpMet, PVI, Rainbow Acoustic Monitoring, RRa, Radical-7, Rad-87, Rad-57,Rad-8, Rad-5,Pulse CO-Oximetry, Pulse CO-Oximeter, and SEDLine  are trademarks or registered trademarks of Masimo Corporation.

MASIMO CORPORATION CONSOLIDATED BALANCE SHEETS (unaudited, in thousands) January 1,January 2,20112010ASSETSCurrent assetsCash and cash equivalents

$
88,305$
32,054Short-term investments

—56,989Accounts receivable, net of allowance for doubtful accounts

49,69438,897Royalties receivable

12,00011,500Inventories

45,02831,559Prepaid expenses

4,5353,742Prepaid income taxes

3,3521,705Deferred tax assets

12,55511,585Other current assets

2,1361,357Total current assets

217,605289,388Deferred cost of goods sold

47,18428,163Property and equipment, net

15,95111,682Intangible asset
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SOURCE Masimo Corporation
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