InMode Reports Q3 Earnings Surpassing Analyst Expectations
InMode (INMD) reported third-quarter financial results that exceeded Wall Street estimates for both earnings per share and revenue. The company posted a Non-GAAP EPS of $0.37, beating consensus by $0.05, while revenue reached $92.1 million, surpassing expectations by $1.26 million despite a slight year-over-year decline. Despite the top-line beat, the company saw declines in GAAP metrics compared to the previous year. GAAP diluted EPS fell 5.9% to $0.32, and GAAP net income decreased 13.7% to $18.9 million. Non-GAAP net income also experienced a downward trend relative to last year's figures.
Tickers: $INMD
Topics: earnings beat financial results non-GAAP EPS revenue report