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Recap: InMode Q2 Earnings

  InMode (NASDAQ:INMD) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga · 07/28/2022 07:35

 

InMode (NASDAQ:INMD) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

InMode beat estimated earnings by 15.69%, reporting an EPS of $0.59 versus an estimate of $0.51.

Revenue was up $26.22 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.72% increase in the share price the next day.

Here's a look at InMode's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.37 0.55 0.50 0.40
EPS Actual 0.40 0.64 0.55 0.51
Revenue Estimate 80.24M 102.34M 89.26M 74.27M
Revenue Actual 85.92M 110.54M 94.18M 87.33M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

InMode management provided guidance for FY 2022, expecting earnings between $2.11 and $2.16 per share.

To track all earnings releases for InMode VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.