InMode Shares Up 8% on Q3 Guidance Raise
<p><a href='https://financialmodelingprep.com/financial-summary/INMD'>InMode Ltd. (NASDAQ:INMD) </a>shares closed with an 8.62% gain on Tuesday following the company’s report on better-than-consensus Q3 revenue and EPS guidance.</p>
<p>The company guided Q3 revenue in the range of $93.5-94 million, which represents approximately 57% year-over-year growth and is well above the consensus estimate of $74.9 million. The company expects Q3 non-GAAP EPS in the range of $0.53-0.54, implying 68-72% growth, beating the consensus estimate of $0.36. </p>
<p>Analysts at Needham expect the launches of the company's EmpowerRF (gynecology) and EnvisionRF (ophthalmology) platforms to continue to drive very strong revenue growth and upside to consensus. </p>

NASDAQ:INMD