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InMode Sees Q2 Adj. EPS Well Above Estimates; Boosts FY22 Revenue Outlook
(RTTNews) - While announcing preliminary results for the second quarter on Tuesday, medical technologies firm InMode Ltd. (INMD) now expects adjusted earnings for the second quarter in the range of $0.57 to $0.58 per share on revenues between $113.0 million and $113.3 million.
On average, three analysts polled by Thomson Reuters expect the company to report earnings of $0.51 per share on revenues of $103.13 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead to fiscal 2022, the company now projects revenues in a range of $425 million to $435 million, up from the prior forecast range between $415 million and $425 million. The Street is currently looking for revenues of $422.52 million.
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InMode Q4 Results Top Estimates; Guides FY24 Adj. EPS Above Estimates
Medical technology firm InMode Ltd. (INMD) reported Tuesday that net income for the fourth quarter increased to $55.17 million or $0.64 per share from $37.71 million or $0.44 per share in the prior-year quarter.
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InMode Boosts FY23 Adj. EPS Outlook
Based on preliminary financial results for the fourth quarter and full year 2023 on Tuesday, medical technology firm InMode Ltd. (INMD) currently expects adjusted earnings for the fourth quarter in a range of $0.68 to $0.69 per share on revenues between $126.0 million and $126.5 million.
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Swiss Market Ends Marginally Up
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Major European Markets Close On Mixed Note
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Positive Start Seen For Canadian Stocks
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