IRVINE, Calif. (AP) _ Masimo Corp. (MASI) on Tuesday reported second-quarter profit of $55.8 million.

The Irvine, California-based company said it had profit of 96 cents per share. Earnings, adjusted for one-time gains and costs, were 85 cents per share.

The medical technology company posted revenue of $301 million in the period.

Masimo shares have increased 49% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $235.35, an increase of 50% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MASI at https://www.zacks.com/ap/MASI

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