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

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

 

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