Press release
Masimo Announces Select Preliminary Full-Year 2021 Financial Results and 2022 Guidance
Complete fourth quarter and full-year 2021 financial results will be announced on Tuesday, February 15, 2022 Preliminary full-year 2021 product revenue of
About this update from Masimo Corporation
[{"type":"text","content":"\nComplete fourth quarter and full-year 2021 financial results will be announced on Tuesday, February 15, 2022 \n\n\nPreliminary full-year 2021 product revenue of approximately $1,235 million to $1,240 million;\n\n\n\nPreliminary full-year 2021 GAAP earnings per diluted share and non-GAAP earnings per diluted share are expected to exceed guidance of $3.88 and $3.88, respectively; and\n\n\n\nFull-year 2022 financial guidance for product revenue, GAAP earnings per diluted share and non-GAAP earnings per diluted share of approximately $1,350 million, $4.27 and $4.34, respectively.\n\n\n IRVINE, Calif.--(BUSINESS WIRE)--\nMasimo Corporation (Nasdaq: MASI) today announced select preliminary financial and operational results for the full-year ended January 1, 2022 and provided estimates for its full-year 2022 financial guidance.\n\nPreliminary Full-Year 2021 Results:\n\nMasimo expects that its product revenue for the full-year 2021 will range from $1,235 million to $1,240 million, which reflects reported growth of approximately 8.0% to 8.4% and constant currency growth of 7.3% to 7.7%, respectively. The Company also expects full-year 2021 shipments of noninvasive technology boards and instruments of approximately 288,000.\n\nAdditionally, Masimo expects that full-year 2021 GAAP earnings per diluted share and non-GAAP earnings per diluted share will exceed previously issued financial guidance of $3.88 and $3.88 per diluted share, respectively.\n\nThe preliminary financial information presented in this press release is based on Masimo’s current expectations and may be adjusted as a result of, among other things, completion of customary annual audit procedures. Management plans to discuss Masimo’s complete fourth quarter and full-year 2021 financial results after the market closes on Tuesday, February 15, 2022.\n\n2022 Financial Guidance:\n\nThe Company provided the following estimates for its full-year 2022 guidance:\n\n\n\n \n\n\n\n \n\n\n\n2022 Guidance\n\n\n\n\n\n(in millions, except percentages and earnings per share)\n\n\n\n \n\n\n\nGAAP\n\n\n\n \n\n\n\nNon-GAAP\n\n\n\n\n\nProduct revenue\n\n\n\n \n\n\n\n$1,350\n\n\n\n \n\n\n\n$1,350\n\n\n\n\n\nPercentage growth - as reported\n\n\n\n \n\n\n\n8.9\n\n\n\n%\n\n\n\nto 9.3%\n\n\n\n \n\n\n\nN/A\n\n\n\n\n\nPercentage growth - constant currency\n\n\n\n \n\n\n\nN/A\n\n\n\n \n\n\n\n9.4\n\n\n...