InMode Sees Revenue Growth Amidst Challenges in Q3 2024

TipRanks10-31

InMode (INMD) has released an update. InMode Ltd. posted a 5.8% increase in third-quarter 2024 revenues, reaching $130.2 million, although the company adjusted its full-year revenue guidance down to ...

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Despite challenges such as decreased demand for consumables and operational hiccups due to macroeconomic conditions and recent management changes, InMode maintains a strong cash position of $684.9 million. 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