- The company sees surging demand for its remote monitoring technology and solutions from the pandemic and much of this is likely to last post-pandemic.
- However, the exact monetary effect is uncertain and management withdrew 2020 guidance.
- While there is headwind from the collapse in elective procedures, this is temporary while the enhanced benefits of remote monitoring will endure post-pandemic.
- Keep in mind that valuation multiple’s are really quite stretched, but present market conditions are very tolerant of that but this might not last forever though.
Pandemic Demonstrates The Importance Of Masimo’s Remote Monitoring Technology
September 7th, 2020 · No Comments