Masimo Corporation (MASI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the Massimo Third Quarter 2025 Earnings Conference Call. The company's press release is available at www.massimo.com. At this time, all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. I'm pleased to introduce Eli Kammerman. Matt Menos, Vice President of Business Development and Investor Relations. Thank you. Hello, everyone. Joining me today are CEO Katie Simon and CFO Mike Young. Before we begin, I'd like to inform you that this call will contain forward-looking statements. Actual results may differ materially from those expressed or implied as a result of certain risks and uncertainties. These risks and uncertainties are described in detail in our periodic violence with the SEC. Also, this call will include a discussion of certain financial measures that are not calculated in accordance with generally accepted accounting principles, or GAAP. We generally refer to these as non-GAAP or adjusted financial measures. In addition to GAAP results, these non-GAAP financial measures are intended to provide additional information to enable investors to assess a company's operating results in the same way management assesses such results. Furthermore, these non-GAAP financial measures reflect the continuing operations of the maximum healthcare business and then includes the Sound United business, which is reported in discontinued operations for both current and in its overall reporting period. Therefore, the financial measures we will be covering today will be primarily on a non-GAAP basis, unless noted otherwise. Reconciliation of these measures to the most directly comparable GAAP financial measures are included within their earnings...