Masimo Corp announces its financial results for the 2008 third fiscal quarter.
For the third quarter of 2008, the company reports product revenues of $66 million representing a 29% increase over the third quarter of 2007, and marking the 21st consecutive quarter of revenue growth for the company.
During the third quarter of 2008, Masimo also reports that it shipped 30,700 Masimo SET and Masimo Rainbow SET oximetry units, excluding handheld units.
Revenues from Masimo Rainbow SET products increased by 85% from the same prior year quarter to $3 million.
A telephonic replay of a conference call discussing the results can be found on the company’s Web site through November 27.
