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Stock impact report

InMode Reports Record Third Quarter 2021 Financial Results: Quarterly Revenue of $94.2M, 58% Year-Over-Year Growth; GAAP Net Income of $44.7M, 87% increase compared to Q3 2020

InMode Ltd. - Ordinary Shares (INMD) 
Last inmode ltd. - ordinary shares earnings: 2/18 08:00 am Check Earnings Report
Company Research Source: PR Newswire
YOKNEAM, Israel, Oct. 26, 2021 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode"), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the third quarter ended September 30, 2021.Third Quarter 2021 Highlights:Record quarterly revenues of $94.2 million, an increase of 58% compared to the third quarter of 2020: InMode's proprietary surgical technology platforms engaged in minimally invasive and subdermal ablative treatments represented 73% of quarterly revenues, while 18% came from InMode's hands-free platforms and 9% from InMode's traditional laser and non-invasive RF platforms Record GAAP net income of $44.7 million, compared to $23.9 million in the third quarter of 2020; *non-GAAP net income of $47.9 million, compared to $26.6 million in the third quarter of 2020 Record GAAP diluted earnings per share(1) of $0.52, compared to $0.28 in the third quarter of 2020; *non-GAAP diluted earnings per share(1) of $0.55, compare Show less Read more
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