Macroeconomic ChallengesINMD continues to face challenging macroeconomic and demand conditions, with expectations for flat to low single-digit growth.
Market ConditionsHigher interest rates have made the capital equipment market more challenging since 4Q'23, as leasing and financing costs have increased, impacting the company's sales.
Revenue PerformanceINMD reported 4Q preliminary sales of $97-$97.5MM, which is a 23% decrease year-over-year and below the consensus of $114MM, indicating more severe macroeconomic challenges than previously expected.