InMode stock gains after profit, revenue guidance tops expectations

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InMode stock gains after profit, revenue guidance tops expectations
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Shares of InMode Ltd. climbed 1.1% in premarket trading Wednesday, after the Israel-based medical technologies company provided upbeat earnings guidance. The...

Shares of InMode Ltd. INMD climbed 1.1% in premarket trading Wednesday, after the Israel-based medical technologies company provided upbeat earnings guidance. The company said it expects first-quarter adjusted earnings per share of 50 cents to 51 cents, which is above the FactSet consensus of 46 cents. Revenue is expected to be $105.7 million to $105.9 million, which implies growth 23.1% to 23.2%, and is above the FactSet consensus of $100.3 million.

... Shares of InMode Ltd. INMD climbed 1.1% in premarket trading Wednesday, after the Israel-based medical technologies company provided upbeat earnings guidance. The company said it expects first-quarter adjusted earnings per share of 50 cents to 51 cents, which is above the FactSet consensus of 46 cents. Revenue is expected to be $105.7 million to $105.9 million, which implies growth 23.1% to 23.2%, and is above the FactSet consensus of $100.3 million.

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