InMode reports Q1 non-GAAP EPS 31c, consensus 35c

Reports Q1 revenue $77.9M, consensus $77.57M. “In Q1 2025, our performance reflected continued pressure from a challenging macroeconomic environment and weakened consumer demand,” said CEO Moshe Mizrahy. “…We are pleased with our international performance in Q1, particularly in Europe, where we achieved record revenue despite ongoing market headwinds. Looking forward, we believe the recent launch of our OptimasMAX, and Ignite platforms reinforces our commitment to innovation while offering the gold standard technology in aesthetics.” CFO Yair Malca added, “Our strong balance sheet provides the stability and flexibility to navigate near-term challenges while continuing to invest in our long-term growth and recruit the best talent in the industry. We’re pleased to report that, earlier this month, we completed our fifth share repurchase program of 6.95 million shares approved by our board of directors in February 2025, for a total of $127M…international markets accounted for a larger share of total revenue while the U.S. continued to experience challenging headwinds, resulting in a 4%-5% decline in operating margins. We anticipate this trend will persist through the end of the year. Lastly, with U.S. tariffs at their current levels at 10%, we expect an impact of approximately 2%-3% on gross margins”.