Masimo Corp (MASI)

MASI's stock fell 20% following the release of disappointing preliminary revenue results for the second quarter. The company anticipates revenues of $453 million-$457 million, falling short of the consensus estimate of $553.23 million. Healthcare revenue is expected to be within the $280 million to $282 million range, while non-healthcare revenue is projected to vary from $173 million to $175 million.

https://www.benzinga.com/news/earnings/23/07/33264682/masimo-analysts-cut-their-forecasts-following-preliminary-q2-results