Masimo Corporation - MASI STOCK NEWS

Masimo (NASDAQ: MASI) released findings from a retrospective study in Telemedicine and e-Health analyzing the efficacy of its SafetyNet remote patient monitoring system for COVID-19 patients. Conducted by the University of Colorado, the study suggested that Masimo SafetyNet is associated with a decrease in hospital length of stay (LOS) without increasing readmission rates. Out of 1979 patients analyzed, those discharged with SafetyNet had a notable reduction in LOS of 36% when not on home oxygen. The research highlights the potential of home telemonitoring to ease hospital capacity issues during surges in COVID-19 cases.

Masimo (NASDAQ: MASI) announced findings from a study published in the American Journal of Emergency Medicine, indicating that its PVi® technology is effective for assessing the severity of obstructive respiratory disease in pediatric emergency patients. The study involved 133 patients, revealing that PVi values differ significantly based on disease severity and hospitalization needs. With 100% sensitivity and 85% specificity, PVi can aid clinicians in rapid triage decisions, reducing subjectivity in critical situations. This noninvasive tool could enhance treatment outcomes for children with respiratory ailments.

Masimo (NASDAQ: MASI) reported first-quarter 2022 results with revenue of $304.2 million, marking a 1.7% increase year-over-year. GAAP net income was $46.6 million or $0.81 per diluted share, down from $53.4 million or $0.92 a year earlier. Non-GAAP net income rose to $53.2 million or $0.93 per diluted share. The company also faced unexpected supply chain challenges but remains optimistic about achieving its growth targets in the healthcare sector. Non-GAAP revenue guidance for 2022 is set between $2,000 and $2,060 million.

Masimo (NASDAQ: MASI) celebrates its 33rd anniversary with the limited market launch of the W1™ health watch, marking a significant entry into consumer health technology. The W1 offers continuous monitoring of vital signs such as oxygen saturation (SpO₂), pulse rate, and respiration, leveraging Masimo's expertise in noninvasive monitoring. This initiative aims to improve personal health management and supports remote monitoring for chronic patients. A select group of early adopters can purchase the W1 at a 50% discount, contributing feedback for refinement.

Masimo (NASDAQ: MASI) announced results from a study published in the Journal of Cardiothoracic and Vascular Anesthesia showing that using SedLine Brain Function Monitoring during cardiac surgeries significantly reduces the need for vasoactive and inotropic drugs. The study involved 300 patients from the Montreal Heart Institute. Key findings included a 57% reduction in higher vasoactive and inotropic scores, shorter mechanical ventilation duration, less intraoperative bleeding, and lower fluid requirements. However, pEEG-guided anesthesia did not improve CPB separation outcomes. Further prospective studies are recommended.

Masimo (NASDAQ: MASI) reported findings that Masimo SafetyNet^®, a remote patient management solution, significantly reduced mortality rates among COVID-19 patients. A study published in JAMA indicates that at-home monitoring could decrease deaths by 77% and hospitalizations by 87%. The study emphasizes patient-centered monitoring rather than location-based care, using advanced technologies like Masimo SET^® pulse oximeters. The findings support the potential of remote monitoring to transform healthcare delivery.

Masimo (NASDAQ: MASI) has completed its acquisition of Sound United, a prominent consumer technology company known for its premium audio and home entertainment brands such as Bowers & Wilkins and Denon. This acquisition is expected to enhance Masimo's portfolio by integrating Sound United's established consumer channels with its advanced medical technologies. The division will maintain its current leadership and headquarters in Carlsbad, California. Financial impacts will be discussed during Masimo's first quarter earnings release on May 3, 2022.

Masimo Corporation (NASDAQ: MASI) announced preliminary financial results for Q1 2022, expecting product revenue between $285 million and $315 million.

Supply chain issues, including critical component shortages and freight delays, led to lower-than-expected sales. The company reaffirmed its full-year revenue guidance of $1,350 million, citing strong customer demand and the belief that they will fulfill open orders throughout the year.

Masimo (NASDAQ: MASI) announced findings from a study indicating that children monitored with SpHb® experience fewer blood transfusions, less bleeding, and shorter ICU stays during fronto-orbital advancement surgery. The study, published in the Journal of Clinical Monitoring and Computing, analyzed data from 42 pediatric patients, revealing that the SpHb monitoring group had significantly lower intraoperative packed red blood cell transfusion (136.3 mL vs. 181.5 mL, p = 0.015), less postoperative surgical site drainage, and shorter ICU stays (37.1 hours vs. 64.8 hours, p < 0.001).