INMD - InMode rallies 12% after issuing strong financial guidance

InMode ([[INMD]] +12.3%) trades higher after forecasts a jump in second-quarter earnings and raised its guidance for revenue for the full year.The company sees Q2 revenue of $86.5M to $87.0M vs. $65.98M consensus. Adjusted earnings per diluted share of $1.00 to $1.01 is also anticipated vs. consensus of $0.65.For the full year, InMode said it expects revenue of $305 million to $315 million, vs. $279.27M consensus and the prior view for $270 million to $280 million. Adjusted gross margin of 84% to 86% is also anticipated unchanged from the prior view.The company's second-quarter results are scheduled to be released before the market opens July 28.

For further details see:

InMode rallies 12% after issuing strong financial guidance