Reports Q2 revenue $95.60M, consensus $94.22M. “The Q2 reflects the broader trends we’ve seen in recent months, with persistent external headwinds, including ongoing macroeconomic uncertainty and a more cautious consumer behavior,” said Moshe Mizrahy, CEO of InMode (INMD). “While these factors have impacted our results, we remain disciplined in our execution and committed to investing in the capabilities and growth drivers that will enable us to emerge stronger and deliver sustainable long-term value. Although broader economic challenges in the U.S. impacted our overall performance this quarter, our international business provided a certain offset. Once again, sales generated from Europe reached a record high in the Q2.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INMD:
- InMode price target lowered to $21 from $24 at Barclays
- Trump declares 50% tariff on copper, Brazil: Morning Buzz
- InMode sees Q2 revenue $95.4M-$95.5M, consensus $98.45M
- InMode cut FY25 revenue guidance $365M-$375M from $395M-$405M