Market Capitalization (Millions $) |
7,161 |
Shares
Outstanding (Millions) |
54 |
Employees |
8,815 |
Revenues (TTM) (Millions $) |
2,048 |
Net Income (TTM) (Millions $) |
82 |
Cash Flow (TTM) (Millions $) |
-41 |
Capital Exp. (TTM) (Millions $) |
88 |
Masimo Corp
Masimo Corporation is a publicly traded medical technology company that was founded in 1989 by Joe Kiani. Its headquarters is located in Irvine, California, and it is considered one of the leading innovators in the healthcare industry. Masimo has a global presence and operates in over 130 countries.
Masimo's primary focus is on developing and manufacturing innovative solutions to improve patient outcomes and reduce healthcare costs. The company produces a range of products that include patient monitoring systems, pulse oximeters, sensors, and other medical devices. Masimo's products are used in hospitals, clinics, home healthcare settings, emergency medical services, military and veterinary settings.
One of Masimo's most famous inventions is the Signal Extraction Technology (SET), which is a patented technology that revolutionized pulse oximetry. Pulse oximetry is a non-invasive method of measuring a person's oxygen saturation levels, and SET technology significantly improves the accuracy and reliability of this measurement, preventing misdiagnosis and unnecessary interventions.
Masimo has received several prestigious awards and recognition for its innovative products and services. In 2021, Masimo was ranked as one of the World's Most Innovative Companies by Forbes, an accolade that the company has received multiple times in the past.
The company's growth has been fueled by its continuous investments in research and development. Masimo has a robust pipeline of new products and services in development that are designed to improve patient outcomes and quality of care while reducing healthcare delivery costs.
Furthermore, Masimo is also committed to sustainability and social responsibility. The company's sustainability program includes initiatives to reduce its carbon footprint, increase recycling, and minimize waste. It also supports various charitable organizations globally, providing life-saving medical equipment, supplies, and medicine to people in need.
Overall, Masimo Corporation is considered a trailblazer in the medical technology industry, with an exceptional track record of developing and delivering innovative solutions that revolutionize the healthcare industry. Its commitment to sustainability and social responsibility makes it a standout business in its field.
Company Address: 52 Discovery Irvine, 92618 CA
Company Phone Number: 297-7000 Stock Exchange / Ticker: NASDAQ MASI
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