Masimo Q2 Profit Declines - Quick Facts

(RTTNews) - Masimo Corporation (MASI) posted second-quarter net income attributable to stockholders of $13.8 million, or $0.24 per share, compared to $17.0 million, or $0.30 per share, in the prior year period.

On average, ten analysts polled by Thomson Reuters expected the company to earn $0.29 per share. Analysts' estimates typically exclude special items.

Total revenue for the latest second quarter rose to $140.92 million from $137.42 million in the comparable quarter last year, while nine analysts expected revenue of $145.76 million for the quarter.

Masimo now expects fiscal 2014 GAAP earnings per share to range between $1.24 and $1.30 and total revenue to be about $588 million to $593 million. Analysts now expect fiscal 2014 earnings of $1.28 per share on revenue of $590.12 million.

Earlier, the company expected fiscal 2014 earnings in the range of $1.24 to $1.33 per share and revenue of $588 million to $598 million.