InMode gains on raising FY revenue guidance

InMode

12/07/2023 12:32

** Shares of medical device maker InMode Ltd  INMD.O  up
4.5% at $42.59 premarket
    ** Co expects 2023 rev to be in range of $530 mln - $540
mln, up from previous guidance range of $525 mln - $530 mln
    ** INMD forecasts Q2 rev to be in range of $135.7 mln -
$135.9 mln; adj. EPS for Q2 expected to be between $0.70 and
$0.71
    ** Up to last close, stock up 14.12% YTD

 (Reporting by Sri Hari N S in Bengaluru)
 ((SriHari.NS@thomsonreuters.com))