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InMode (INMD)
NASDAQ:INMD
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.59Last Year’s EPS
$0.71Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2024
|% Change Since: -4.63%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Negative
The earnings call reflects a challenging quarter for InMode, with significant revenue declines and revised guidance due to macroeconomic and geopolitical challenges. Despite these issues, the company maintains a strong balance sheet and has launched new platforms that may drive future growth.Company Guidance
During InMode's Q3 2024 earnings call, the company revised its full-year guidance, projecting revenue between $410 million and $420 million, down from prior guidance of $430 million to $440 million. Non-GAAP gross margins are expected to be between 81% and 82%, slightly reduced from earlier guidance of 82% to 84%. Non-GAAP income from operations is anticipated to be between $140 million and $145 million, compared to the previous range of $150 million to $155 million. Despite these adjustments, non-GAAP earnings per diluted share were maintained at $1.92 to $1.96. The call highlighted macroeconomic challenges such as high interest rates affecting leasing and sales, impacting the minimally invasive treatment market and contributing to a decrease in platform and consumable sales.Strong Balance Sheet
As of September 30, 2024, InMode had cash and cash equivalents, marketable securities, and deposits totaling $684.9 million.
New Platform Launches
Early endorsement of two new platforms, IgniteRF and OptimasMAX, with optimism for future adoption as macroeconomic conditions improve.
Increased Earnings Per Share
GAAP diluted earnings per share for the third quarter was $0.65, up from $0.54 in the third quarter of 2023. Non-GAAP diluted earnings per share was $0.70, up from $0.61 in the third quarter of 2023.
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INMD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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INMD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $17.91 | $17.87 | -0.22% |
| Aug 01, 2024 | $18.12 | $16.57 | -8.55% |
| May 02, 2024 | $17.24 | $17.36 | +0.70% |
| Feb 13, 2024 | $26.49 | $23.67 | -10.65% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does InMode (INMD) report earnings?
InMode (INMD) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is InMode (INMD) earnings time?
InMode (INMD) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is INMD EPS forecast?
INMD EPS forecast for the fiscal quarter 2024 (Q4) is $0.59.
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