Masimo (MASI) reported Q1 non-GAAP net income late Tuesday of $1.36 per diluted share, up from $0.87 per share a year earlier.
Analysts polled by FactSet expected $1.21.
Revenue in the quarter ended March 29 rose to $372 million from $339.6 million a year earlier.
Analysts surveyed by FactSet expected $367.9 million.
For 2025, Masimo raised its non-GAAP EPS estimates, which exclude the impact of new tariffs, to $5.30 to $5.60 from previous guidance of $5.10 to $5.40.
Including the impact of new tariffs before any mitigation, the company expects 2025 non-GAAP earnings per diluted share of $4.80 to $5.15.
Analysts polled by FactSet expect $5.25.
The company expects 2025 non-GAAP revenue between $1.50 billion and $1.53 billion. Analysts surveyed by FactSet expect $1.52 billion, if comparable.
Shares of Masimo were down more than 4% in recent after-hours activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.