Masimo Corporation (NASDAQ:MASI) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET
Company Participants
Katie Szyman – Chief Executive Officer
Micah Young – Executive Vice President, Chief Financial Officer
Eli Kammerman – Vice President of Business Development, Investor Relations
Conference Call Participants
Frederick Wise – Stifel Financial
Vik Chopra – Wells Fargo
Jason Bednar – Piper Sandler
Mike Matson – Needham
Matt Taylor – Jeffries
Michael Polark – Wolfe
Operator
Good afternoon, ladies and gentlemen. And welcome to Masimo’s First Quarter 2025 Earnings Conference Call. The company’s press release is available at www.masimo.com. At this time, all lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session.
I’m pleased to introduce Eli Kammerman, Masimo’s Vice President of Business Development and Investor Relations. Please go ahead.
Eli Kammerman
Hello, everyone. Joining me today are CEO, Katie Szyman and CFO, Micah Young. Before we begin, I’d like to inform you that this call will contain forward-looking statements. Actual results may differ materially from those expressed or implied as a result of certain risks and uncertainties. These risks and uncertainties are described in detail in our periodic filings with the SEC.
Also, this call will include a discussion of certain financial measures that are not calculated in accordance with Generally Accepted Accounting Principles, or GAAP. We generally refer to these as non-GAAP or adjusted financial measures.
In addition to GAAP results, these non-GAAP financial measures are intended to provide additional information to enable investors to assess the company’s operating results in the same way management assesses such results.
It is important to note that the Sound United business is now being classified as held for sale and reported in discontinued operations. As a result, our non-GAAP financial measures have been updated to
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