InMode's Q3 Non-GAAP Earnings, Revenue Increase; Lowers 2024 Revenue Outlook

MT Newswires Live10-30

InMode's (INMD) shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.

Analysts polled by Capital IQ expected $0.61.

Revenue for the quarter ended Sept. 30 was $130.2 million, up from $123.1 million a year earlier.

Analysts surveyed by Capital IQ expected $126.9 million.

The company said its 2024 revenue outlook has been revised lower to between $410 million and $420 million, from the previous guidance of between $430 million and $440 million. Analysts polled by Capital IQ expect $416.7 million.

The company said it still expects 2024 non-GAAP earnings of between $1.92 and $1.96 per diluted share. Analysts surveyed by Capital IQ expect $1.87.

Price: 18.10, Change: +0.19, Percent Change: +1.06

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2479832907?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-30 21:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479832907","market":"hk","top_or_hot":-1,"title":"InMode's Q3 Non-GAAP Earnings, Revenue Increase; Lowers 2024 Revenue Outlook","media":"MT Newswires Live","content":"<html><body><p> InMode's (INMD) shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.</p><p>Analysts polled by Capital IQ expected $0.61.</p><p>Revenue for the quarter ended Sept. 30 was $130.2 million, up from $123.1 million a year earlier.</p><p>Analysts surveyed by Capital IQ expected $126.9 million.</p><p>The company said its 2024 revenue outlook has been revised lower to between $410 million and $420 million, from the previous guidance of between $430 million and $440 million. Analysts polled by Capital IQ expect $416.7 million.</p><p>The company said it still expects 2024 non-GAAP earnings of between $1.92 and $1.96 per diluted share. Analysts surveyed by Capital IQ expect $1.87.</p><p>Price: 18.10, Change: +0.19, Percent Change: +1.06</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>InMode's Q3 Non-GAAP Earnings, Revenue Increase; Lowers 2024 Revenue Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInMode's Q3 Non-GAAP Earnings, Revenue Increase; Lowers 2024 Revenue Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-30 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>InMode's (INMD) shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.Analysts polled by Capital IQ ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"INMD","symbol_name":"InMode Ltd.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2479832907","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479832907","pubTimestamp":1730295537,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"InMode's  shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.Analysts polled by Capital IQ expected $0.61.Revenue for the quarter ended Sept. 30 was $130.2 million, up from $123.1 million a year earlier.Analysts surveyed by Capital IQ expected $126.9 million.The company said its 2024 revenue outlook has been revised lower to between $410 million and $420 million, from the previous guidance of between $430 million and $440 million. Analysts polled by Capital IQ expect $416.7 million.The company said it still expects 2024 non-GAAP earnings of between $1.92 and $1.96 per diluted share. Analysts surveyed by Capital IQ expect $1.87.Price: 18.10, Change: +0.19, Percent Change: +1.06","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"INMD":"InMode Ltd."},"translate_title":"InMode第三季度非GAAP盈利、收入增长；下调2024年收入预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"INMD":0.9},"content_text":"InMode's (INMD) shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.Analysts polled by Capital IQ expected $0.61.Revenue for the quarter ended Sept. 30 was $130.2 million, up from $123.1 million a year earlier.Analysts surveyed by Capital IQ expected $126.9 million.The company said its 2024 revenue outlook has been revised lower to between $410 million and $420 million, from the previous guidance of between $430 million and $440 million. Analysts polled by Capital IQ expect $416.7 million.The company said it still expects 2024 non-GAAP earnings of between $1.92 and $1.96 per diluted share. Analysts surveyed by Capital IQ expect $1.87.Price: 18.10, Change: +0.19, Percent Change: +1.06","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2479832907"}