InMode's (INMD) shares were up 1% in early Wednesday trading after the company reported Q3 non-GAAP earnings of $0.70 per diluted share, up from $0.61 a year earlier.
Analysts polled by Capital IQ expected $0.61.
Revenue for the quarter ended Sept. 30 was $130.2 million, up from $123.1 million a year earlier.
Analysts surveyed by Capital IQ expected $126.9 million.
The company said its 2024 revenue outlook has been revised lower to between $410 million and $420 million, from the previous guidance of between $430 million and $440 million. Analysts polled by Capital IQ expect $416.7 million.
The company said it still expects 2024 non-GAAP earnings of between $1.92 and $1.96 per diluted share. Analysts surveyed by Capital IQ expect $1.87.
Price: 18.10, Change: +0.19, Percent Change: +1.06
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