Masimo Net Worth is$458 M Sales
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Company Name: Masimo Corporation
Company Logo: Image:Masimo.jpg
Company Type: public company (MASI
Founder: Joe Kiani
Location City: Irvine, California, California
Location Country: United States
Area Served: Worldwide
Industry: Medical technology, Medical monitors
Num Employees: 2,300 (2012)
Revenue: US$ 439 millionurl
Homepage: www.masimo.com
Masimo Corporation is an Irvine, California-based manufacturer of non-invasive patient monitoring technologies. The company is best known for its pulse oximetry and it sells more pulse oximeters than any other company. Masimo was founded in 1989 by electrical engineer Joe Kiani, who was later joined by fellow engineer Mohamed Diab. Masimo invented measure-through motion and low perfusion pulse oximetry, known as Masimo SET (Signal Extraction Technology). Masimo has been recognized for its intellectual property and for being one of the most innovative companies in the medical device industry. The company went public in 2007 and is currently traded on the NASDAQ stock exchange under the symbol MASI. In 2011, Forbes named Masimo to its list of top 20 public companies under a billion dollars in revenue, based on earnings growth, sales growth, and return on equity.
Conventional pulse oximetry assumes that arterial blood is the only blood moving (pulsating) in the measurement site. However, during patient motion, the venous blood also moves, which can cause conventional pulse oximetry to under-read arterial oxygen saturation levels because it cannot distinguish between the arterial and venous blood. Masimo Signal Extraction Technology (SET) identifies the venous blood signal (which has a lower oxygen saturation level than arterial blood), isolates it, and uses adaptive filters to cancel the noise and extract the arterial signal in order to report accurate arterial oxygen saturation and pulse rate. Multiple studies have shown that Masimo SET increases pulse oximetry's ability to detect life threatening events and reduce false alarms. Additional studies have also shown the impact of Masimo SET on patient outcomes, such as helping clinicians detect congenital heart disease in newborns and reduce retinopathy of prematurity in premature infants.
Rainbow pulse CO-Oximetery continuously and non-invasively measures hemoglobin (SpHb), carboxyhemoglobin (SpCO), methemoglobin

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Masimo Latest News

BRIEF-Masimo CEO Joe Kiani's total compensation in 2016 was $9 mln

* CEO Joe Kiani's total compensation in 2016 was $9 million versus $7.3 million in 2015- SEC filing Source text: [http://bit.ly/2nDDlhw] Further company coverage: Read the original article on Reuters. Copyright 2017. Follow Reuters on Twitter.
Posted: April 12, 2017, 4:08 am

Masimo (MASI) Launches Root Platform with Kite Trademark

Irvine, CA-based Masimo Corporation MASI announced full market release of the Root monitoring platform with a Kite trademark (a supplementary display system). Root is a patient monitoring and connectivity platform. It offers the company’s flagship ...
Posted: April 11, 2017, 7:49 am

Masimo to Report First Quarter 2017 Financial Results after Market Close on Wednesday, May 3

IRVINE, Calif.--(EON: Enhanced Online News)--Masimo (NASDAQ: MASI) announced today that it will release financial results for the first quarter ended April 1, 2017, after the market closes on Wednesday, May 3, 2017. The conference call to review the ...
Posted: April 18, 2017, 6:13 am
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