InMode (NASDAQ:INMD) issued an update on its FY20 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.85-1.93 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70. The company issued revenue guidance of $190-198 million, compared to the consensus revenue estimate of $191.21 million.InMode also updated its FY 2020
Pre-Market guidance to 1.85-1.93 EPS.
INMD traded down $1.21 during midday trading on Wednesday, reaching $39.48. 1,589,225 shares of the company’s stock were exchanged, compared to its average volume of 1,371,724. The company has a quick ratio of 7.47, a current ratio of 7.83 and a debt-to-equity ratio of 0.01. InMode has a one year low of $13.06 and a one year high of $58.76. The company’s 50-day moving average is $43.27.
InMode (NASDAQ:INMD) last announced its quarterly earnings results on Tuesday, February 18th. The healthcare company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.07. The firm had revenue of $47.00 million during the quarter, compared to analysts’ expectations of $42.48 million. InMode had a net margin of 30.33% and a return on equity of 50.50%. The company’s revenue for the quarter was up 63.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 earnings per share. Equities research analysts expect that InMode will post 1.55 EPS for the current fiscal year.
InMode Company Profile
InMode Ltd. designs, develops, manufactures, and markets minimally-invasive aesthetic medical products based on its proprietary radio frequency assisted lipolysis and deep subdermal fractional radio frequency technologies. The company offers minimally-invasive aesthetic medical products for procedures, such as liposuction with simultaneous skin tightening, body and face contouring, and ablative skin rejuvenation treatments.
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