The earnings call highlighted InMode's continued investment in innovation and shareholder returns through new platform launches and share repurchases. However, significant revenue and operating margin declines, coupled with challenges in the U.S. market and supply chain issues, contributed to a mixed outlook. While the company remains optimistic about future growth and market recovery, current economic and industry challenges weigh heavily on performance.
Company Guidance
During the InMode Fourth Quarter and Full Year 2024 Earnings Call, the company provided guidance for 2025, projecting revenue between $395 million and $405 million, and a non-GAAP gross margin between 80% and 82%. They expect non-GAAP income from operations to be between $130 million and $135 million, and non-GAAP earnings per diluted share between $1.95 and $1.99. InMode faced challenges in 2024 due to macroeconomic headwinds, leading to a 20% revenue decrease compared to 2023, with total revenue for the year at $394.8 million. Despite this, the company maintained a strong gross margin of 81% for the year. They also announced a new share repurchase program representing 10% of share capital, following $285 million in repurchases in 2024. The company remains optimistic about their innovative product launches, including the IgniteRF and OptimasMAX platforms, and plans to introduce two new platforms in 2025, focusing on facial rejuvenation with the fractional laser CO2 and another medical market platform.
Launch of New Platforms
In 2024, InMode launched two new platforms: IgniteRF and OptimasMAX. Both platforms are early in revenue stages but have received positive feedback from doctors worldwide, potentially leading to better adoption in 2024.
Strong Cash Generation and Shareholder Returns
In 2024, InMode returned more than $285 million to shareholders via share repurchasing, representing approximately 19% of its share capital. A new share repurchase program of up to 10% of share capital is planned for the next 3 to 6 months.
High Gross Margins
Despite challenges, InMode maintained a high gross margin, with a non-GAAP gross margin of 80% for Q4 and 81% for the full year 2024.
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InMode (INMD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
Feb 04, 2025
$16.67
$17.50
+4.98%
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%
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 Apr 30, 2025, TBA Not Confirmed.
What is Inmode (INMD) earnings time?
Inmode (INMD) earnings time is at Apr 30, 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.