INMD - InMode stock gains on guiding Q2 earnings above consensus; Raises FY2022 revenue outlook

• InMode ( NASDAQ: INMD ) expects Q2 revenue in the range of $113M - $113.3M vs. consensus of $103.01M and Non-GAAP diluted EPS in the range of $0.57 - $0.58 vs. consensus of $0.51.
• Q2 Non-GAAP gross margin to be in the range of 83% to 85%.
• The company raised its FY2022 revenue outlook from  $415M - $425M to $425M - $435M vs. consensus of $416.84M.
• Q2 financial results will be out before the Nasdaq market opens on July 28, 2022.
• "Our record results in the second quarter of 2022 are an indication of the strong demand for our proprietary technologies in the aesthetic surgical field. This positive momentum reinforces our confidence going into the second half of the year, and we are happy to increase our full year guidance range from $415-$425 million to $425-$435 million," commented Moshe Mizrahy, InMode's CEO.
• INMD stock up 8% PM.

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