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Masimo Corporation - MASI STOCK NEWS

Welcome to our dedicated page for Masimo Corporation news (Ticker: MASI), a resource for investors and traders seeking the latest updates and insights on Masimo Corporation stock.

Masimo Corporation (NASDAQ: MASI) is a leading global medical technology company specializing in the development and manufacturing of innovative noninvasive patient monitoring technologies. For over 27 years, Masimo has been at the forefront of medical advancements, offering a wide array of sensors and devices that enhance patient care and safety. Their products are designed to provide healthcare professionals with critical information to improve clinical decision-making.

Masimo's core business is divided into two segments: healthcare and non-healthcare. The healthcare segment is the primary revenue generator, focusing on noninvasive patient monitoring technologies, hospital automation, connectivity solutions, and remote monitoring devices. Their clinically proven products are widely used in hospitals, emergency rooms, and clinical settings around the world.

The non-healthcare segment encompasses the consumer audio business, which includes the development, manufacturing, marketing, and licensing of premium and luxury audio sound products. This segment is known for its advanced audio integration technologies that appeal to audiophiles and general consumers alike.

Masimo's recent achievements include expanding their product portfolio with advanced remote monitoring solutions, partnering with leading healthcare organizations, and pioneering innovative technologies that address unsolvable medical challenges. Financially, the company is robust, showing consistent growth and a strong market presence.

Masimo’s dedication to improving lives is evident in their mission to save, extend, and enhance the quality of life across all demographics. Their innovative spirit attracts individuals who are passionate about making a significant impact in the medical field. As they continue to innovate, Masimo remains committed to providing top-tier products that meet the evolving needs of the healthcare industry.

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Masimo (NASDAQ: MASI) announced findings from a study published in the British Journal of Neurosurgery indicating that the noninvasive Pleth Variability Index (PVi) is as effective as the invasive stroke volume variation (SVV) for guiding intraoperative fluid management during neurosurgery. Conducted among 60 adult patients undergoing elective craniotomy, the study suggests PVi may be preferable given its noninvasive nature. Although fluid volume administered was higher in the SVV group (3208.3 mL vs. 2139.3 mL), other clinical outcomes like serum lactate and stay duration showed comparable results. CEO Joe Kiani emphasized PVi's cost-effectiveness and low risk.

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Politan Capital Management, holding 9% of Masimo (NASDAQ: MASI), announced that the California State Teachers’ Retirement System (CalSTRS) has joined its lawsuit against the Company’s CEO Joe Kiani over his controversial employment agreement. The agreement may grant Mr. Kiani approximately $600 million if specific board changes occur, raising governance concerns. Critics argue this undermines shareholder rights and enables 'dead hand control' over future boards. A Delaware court recently criticized the agreement, noting the substantial payments tied to limited board changes.

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Masimo (NASDAQ: MASI) announced its participation in the 44th Annual Raymond James Institutional Investors Conference on March 7, 2023, at 11:00 a.m. Eastern Time. Investors can access a live webcast of the presentation on the Masimo website, with a replay available afterward.

Masimo is a leading global medical technology company known for its innovative monitoring solutions, including the Masimo SET®, which has been shown to outperform other pulse oximetry technologies. The company aims to enhance patient outcomes and reduce healthcare costs through its advanced technologies.

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Masimo reported strong financial results for Q4 and full-year 2022, with consolidated revenue reaching $617 million and $2,035.8 million respectively. The healthcare revenue was $351.9 million in Q4, growing 7.4% year-over-year, while full-year healthcare revenue hit $1,340.3 million with 8.2% growth. Non-healthcare revenue for Q4 was $265.1 million. The company achieved a GAAP net income of $41.1 million in Q4, or $0.76 per diluted share. For 2023, Masimo projects consolidated revenue between $2,415 million and $2,460 million, indicating continued growth.

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Masimo (NASDAQ: MASI) announced findings from a study published in Medicine, showing that using the Oxygen Reserve Index (ORi™) alongside standard SpO2 monitoring effectively reduced intraoperative hyperoxemia during laparoscopic gastrectomy. Conducted by Dr. Jin Hee Ahn and team, the study demonstrated significant differences in arterial oxygen levels; the SpO2 group had a higher PaO2 compared to the ORi-SpO2 group one hour post-surgery (250.31 mmHg vs. 170.07 mmHg, p < .001). The severe hyperoxemia incidence was lower in the ORi-SpO2 group at 16.7% vs. 84.4% for SpO2.

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Masimo (NASDAQ: MASI) announced that its Centroid wearable, wireless patient position and activity sensor received an Innovative Technology designation from Vizient, Inc., aimed at improving healthcare practices. Centroid helps prevent hospital-acquired pressure injuries (HAPIs), which affect 2.5 million patients annually in the U.S., with nearly 60,000 fatalities each year. It monitors patient position and movements using Bluetooth technology and integrates with the Masimo Root Patient Monitoring platform.

This recognition positions Masimo for potential growth in healthcare solutions, illustrating its commitment to enhancing patient outcomes and lowering care costs.

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Masimo (NASDAQ: MASI) will announce its fourth quarter and FY 2022 financial results on February 28, 2023, after market closure. The results will be reviewed in a conference call at 1:30 p.m. PT (4:30 p.m. ET), hosted by CEO Joe Kiani and CFO Micah Young. Participants must register to obtain the dial-in details. Masimo specializes in medical technology, focusing on noninvasive monitoring solutions to enhance patient outcomes and reduce care costs. Their innovations include pulse oximetry and various blood monitoring technologies, widely used in leading healthcare institutions globally.

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Masimo (NASDAQ: MASI) has launched the Visual Clinical Activity Monitoring (VCAM™), an AI-based video analysis system designed to enhance compliance with hand hygiene protocols in hospitals. The VCAM integrates with Masimo Hospital Automation™ solutions, providing real-time notifications and analytics to improve hygiene adherence and reduce hospital-acquired infections (HAIs). A Finnish study indicates a direct correlation between hand hygiene compliance and lower HAI rates. The system tracks handwashing and sanitization activities, offering actionable insights for healthcare facilities.

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Masimo (NASDAQ: MASI) announced results from a study showing that maintaining higher end-tidal carbon dioxide (EtCO2) levels enhances cerebral oxygenation during video-assisted thoracoscopic surgery (VATS). Conducted by researchers from Tanta University and The King Fahd General Hospital, the research revealed significant improvements in regional cerebral oxygenation and postoperative cognitive function, with better Aldrete and mini mental status exam (MMSE) scores among patients with higher EtCO2 (39-45 mmHg) compared to lower levels (32-38 mmHg). The study involved 70 patients and utilized the Masimo Root® monitoring platform to track multiple physiological parameters.

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Masimo (NASDAQ: MASI) and Royal Philips (NYSE: PHG) have announced an expansion of their partnership to enhance patient monitoring for home telehealth applications with the Masimo W1™ watch. This innovative technology will integrate Masimo's advanced health tracking with Philips's patient monitoring ecosystem, offering continuous, remote monitoring of vital health data. The combined solution aims to support early discharge initiatives and chronic illness management. The Masimo W1 is CE marked and awaiting FDA clearance. This development will be showcased at Arab Health 2023, highlighting advancements in telehealth.

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FAQ

What is the current stock price of Masimo Corporation (MASI)?

The current stock price of Masimo Corporation (MASI) is $168.31 as of December 24, 2024.

What is the market cap of Masimo Corporation (MASI)?

The market cap of Masimo Corporation (MASI) is approximately 9.0B.

What is Masimo Corporation's main business?

Masimo Corporation specializes in developing and manufacturing noninvasive patient monitoring technologies and premium audio products.

How long has Masimo Corporation been in operation?

Masimo has been operational for over 27 years, continually innovating in the medical technology field.

What are the key segments of Masimo's business?

Masimo operates in two key segments: healthcare, which includes patient monitoring technologies, and non-healthcare, which includes premium audio products.

What products does Masimo offer?

Masimo offers noninvasive patient monitoring devices, sensors, remote monitoring solutions, hospital automation products, and luxury audio sound systems.

What makes Masimo's products unique?

Masimo's products are known for their innovative, noninvasive technology that provides accurate patient monitoring and critical information for clinical decision-making.

Who uses Masimo's healthcare products?

Masimo's healthcare products are used by healthcare professionals in hospitals, clinics, emergency rooms, and other medical settings.

What recent achievements has Masimo Corporation accomplished?

Masimo has expanded their product portfolio with advanced remote monitoring solutions and established partnerships with leading healthcare organizations.

What is the financial status of Masimo Corporation?

Masimo Corporation has shown consistent financial growth and maintains a strong market presence.

What is Masimo's mission?

Masimo's mission is to save, extend, and improve lives by developing innovative medical technologies and solutions.

Where can I find the latest news about Masimo Corporation?

The latest news about Masimo Corporation can be found on their official website and trusted financial news sources.

Masimo Corporation

Nasdaq:MASI

MASI Rankings

MASI Stock Data

9.01B
49.16M
8.19%
94.77%
6.24%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
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United States of America
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