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home / news releases / INMD - InMode: Q4 Earnings Beat Not Enough - Macro Outlook Key To Buy Signal

INMD - InMode: Q4 Earnings Beat Not Enough - Macro Outlook Key To Buy Signal

InMode Ltd.

2024-02-16 11:30:40 ET

Summary

  • InMode beats revenue and EPS estimates in Q4 2023 earnings report.
  • Q4 revenue is down 5% YoY and non-GAAP EPS is down 9% YoY.
  • InMode maintains impressive gross margin of 84% and sees 20% YoY growth in revenue from consumables and services.
  • Despite beating the lowered Q4 2023 expectations, InMode is facing challenging conditions with a weak 2024 outlook.

Investment Thesis

For further details see:

InMode: Q4 Earnings Beat Not Enough - Macro Outlook Key To Buy Signal
Stock Information
Company Name: InMode Ltd.
Stock Symbol: INMD
Market: NYSE
Website: inmodemd.com
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