InMode Reports First Quarter 2024 Financial Results; Quarterly Revenue of $80.3M Represents 24% Year-Over-Year Decrease; Pro Forma Revenue (including new platform pre-orders not yet availa...
InMode Ltd. - Ordinary Shares (INMD)
Last inmode ltd. - ordinary shares earnings: 2/18 08:00 am
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Source: PR Newswire
Company Announces Share Repurchase Program of Up to 8.37 Million Shares; andAppoints New Chairman of the Board of DirectorsYOKNEAM, Israel, May 2, 2024 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode"), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the first quarter ended March 31, 2024.First Quarter 2024 Highlights:Quarterly GAAP revenue of $80.3 million, a decrease of 24% compared to the first quarter of 2023. InMode's proprietary surgical technology platforms engaged in minimally invasive and subdermal ablative treatments represented 84% of its quarterly revenues, while 11% were derived from InMode's traditional laser and non-invasive RF platforms and 5% were derived from InMode's hands-free platforms. Pro-forma revenue (including pre-orders of new platforms not yet available) of $96 million.GAAP net income of $23.7 million, compared to $40.5 million in the first quarter of 2023; *non-GAAP net income of $27.
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News
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- InMode Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now [Yahoo! Finance]Yahoo! Finance
- InMode Ltd. (NASDAQ:INMD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
INMD
Earnings
- 5/2/24 - Miss
INMD
Sec Filings
- 5/2/24 - Form 6-K
- 4/4/24 - Form 6-K
- INMD's page on the SEC website