Israeli medtech company InMode’s stock up premarket after company offers guidance that tops estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

InMode Ltd.’s stock rose 2.5% premarket Wednesday, after the Israeli medical tech company offered second-quarter guidance that topped estimates and raised...

InMode Ltd.’s stock INMD rose 2.5% premarket Wednesday, after the Israeli medical tech company offered second-quarter guidance that topped estimates and raised its full-year revenue guidance. The company said it expects second-quarter EPS of 70 cents to 71 cents on revenue of $135.7 million to $135.9 million. The FactSet consensus is for EPS of 64 cents and revenue of $130.0 million.

5% premarket Wednesday, after the Israeli medical tech company offered second-quarter guidance that topped estimates and raised its full-year revenue guidance. The company said it expects second-quarter EPS of 70 cents to 71 cents on revenue of $135.7 million to $135.9 million. The FactSet consensus is for EPS of 64 cents and revenue of $130.0 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines