November 21, 2022

On Masimo

 A recent insider purchase at Masimo resulted in this article from the Fool.  

"In the second quarter, the company reported revenue of $565.3 million, up 85.3%, year over year, with net income of $18.1 million, or $0.33 in earnings per share, down 63.9% and 62.5%, respectively, thanks to the expense of the purchase of Sound United.

Over the past 10 years, the company increased quarterly revenue by $327.7% and quarterly EPS by 26.92%.

The company has also rewarded shareholders with regular stock buybacks. It spent $401 million on a stock repurchase in the quarter and committed to repurchase an additional 5 million shares over the next five years."


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