05:07 PM EDT, 05/06/2025 (MT Newswires) -- Masimo ( MASI ) reported Q1 non-GAAP net income late Tuesday of $1.36 per diluted share, up from $0.87 per share a year earlier.

Analysts polled by FactSet expected $1.21.

Revenue in the quarter ended March 29 rose to $372 million from $339.6 million a year earlier.

Analysts surveyed by FactSet expected $367.9 million.

For 2025, Masimo ( MASI ) raised its non-GAAP EPS estimates, which exclude the impact of new tariffs, to $5.30 to $5.60 from previous guidance of $5.10 to $5.40.

Including the impact of new tariffs before any mitigation, the company expects 2025 non-GAAP earnings per diluted share of $4.80 to $5.15.

Analysts polled by FactSet expect $5.25.

The company expects 2025 non-GAAP revenue between $1.50 billion and $1.53 billion. Analysts surveyed by FactSet expect $1.52 billion, if comparable.

Shares of Masimo ( MASI ) were down more than 4% in recent after-hours activity.