Inspire Medical Systems tumbles after lowering 2025 forecast

Inspire Medical Systems

05/08/2025 14:21

** Shares of sleep apnea device maker Inspire Medical Systems INSP.N slump 31% to $90.31 premarket

** Co late on Monday lowered its 2025 sales forecast to between $900 million and $910 million, compared with its prior view of $940 million to $955 million

** INSP also cut its 2025 EPS to the range of 40 cents to 50 cents, compared to previous range of $2.20 to $2.30 per share

** J.P.Morgan analyst Robbie Marcus said "it’s frustrating to see a negative revision of this magnitude after original 2025E guidance was already framed as being conservative to reflect conservatism around Inspire V launch dynamics"

** At least 8 brokerages cut PT on stock

** Co posts Q2 sales of $217.1 mln, above analyst' est. of $214.3 - data compiled by LSEG

** Co reports Q2 adjusted EPS of 45 cents, above analyst' est of 21 cents - LSEG

** As of last close, stock down 30% YTD

 (Reporting by Kamal Choudhury in Bengaluru)

 ((Kamal.Choudhury@thomsonreuters.com;))