InMode reports Q1 adjusted EPS 25c, consensus 30c

Reports Q1 revenue $82.02M, consensus $79.86M. “While the macroeconomic environment remains challenging, our total revenue this quarter reached our expectations, however our profitability was lower than expected,” said Moshe Mizrahy, Chief Executive Officer of InMode (INMD). “We are continuing to re-shape our organization in North America and in Europe by enhancing our sales and management teams. While the demand in the aesthetics market may be deferred, it will not be diminished, and we believe we are well positioned for its return.”