Masimo, amid leadership transition, targets cost reductions
Nov 6, 2024 · Masimo reported third-quarter consolidated revenue of $504.6 million, up 5% from the year-ago quarter. Healthcare revenue rose year over year by about 12% to $343.3 million, and non-healthcare revenue declined 6% year over year to $161.3 million. The non-healthcare segment saw continued slowing in demand for its consumer audio products, the ...
What’s next at Masimo after CEO Kiani’s exit? | MedTech Dive
Sep 30, 2024 · Masimo’s leadership transition brings a two-year boardroom feud to a close, but questions remain about the path forward in the wake of CEO Joe Kiani’s exit. Kiani resigned after losing his board seat in a Sept. 19 shareholder vote, ending his tenure 35 years after founding the pulse oximetry firm.
Masimo's claims falter as Apple defends smartwatch designs
Nov 4, 2024 · Frustrated with California litigation, Masimo filed a complaint with the ITC in 2021, requesting a ban on Apple Watch sales in the U.S. due to patent infringement. However, evidence showed Masimo ...
Masimo CEO Joe Kiani resigns amid legal dispute with Apple
Sep 25, 2024 · Apple and Masimo have been battling it out in court after the company specializing in health technologies managed to temporarily ban Apple Watch sales in the US due to alleged patent...
Masimo CEO shared confidential information ahead of release
Sep 6, 2024 · Masimo CEO Joe Kiani, whose medical-technology company is in the midst of a proxy battle with activist Politan, revealed what he called confidential information to a major investor 12 hours...
Masimo's Q3 Earnings Rise Y/Y, Healthcare Demand Drives Growth
6 days ago · Masimo reported a GAAP operating income of $30.1 million, up from $25.2 million in the third quarter of 2023. The non-GAAP operating income, excluding costs associated with litigation ...
Masimo is Executing a Successful Strategy to Deliver Long-Term ...
IRVINE, Calif., August 15, 2024 -- (BUSINESS WIRE)--Masimo Corporation ("Masimo" or the "Company") (NASDAQ: MASI), a global leader in noninvasive monitoring technologies and audio products,...
Masimo - Masimo Has the Right Leadership and Strategy to Drive …
Aug 26, 2024 · Masimo Has the Right Leadership and Strategy to Drive Long-Term Value Creation. August 26, 2024. Highlights Risk to Continued Momentum and Innovation if Politan Gains Board Control. Urges Stockholders to Vote “FOR” Only Masimo’s Director Nominees, Joe Kiani and Christopher Chavez, on the Updated GOLD Proxy Card.
Masimo - News & Media
Masimo Partners with Qualcomm to Develop Next-Generation Smartwatch Reference Platform for Original Equipment Manufacturers. Comprehensive Platform Combines Masimo’s Industry-leading Biosensing Capabilities with Snapdragon Wearable Platforms to Expand the Wear OS by Google™ Ecosystem
Masimo CEO Joe Kiani ousted from board; Politan wins two seats
Sep 19, 2024 · Masimo, best known for its litigation with Apple over the company’s use of pulse-oximetry technology in the Apple Watch, sued Politan, alleging errors in its proxy statement. The activist, in...