InMode Reports Second Quarter 2020 Financial Results; Quarterly Revenues of $30.8 Million, GAAP and *Non-GAAP Diluted Earnings per Share of $0.21 and $0.24

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Go back to InMode Reports Second Quarter 2020 Financial Results; Quarterly Revenues of $30.8 Million, GAAP and *Non-GAAP Diluted Earnings per Share of $0.21 and $0.24

InMode Ltd. (INMD) Tops Q2 EPS by 30c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus

August 5, 2020 7:17 AM EDT

InMode Ltd. (NASDAQ: INMD) reported Q2 EPS of $0.24, $0.30 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $30.8 million versus the consensus estimate of $20.22 million.

Second Quarter 2020 Highlights:

Quarterly revenue of $30.8 million, a decrease of 21% compared to the second quarter of 2019; approximately 53% of U.S. quarterly revenues derived from our proprietary surgical technology platforms engaged in minimally invasive and subdermal ablative treatments, approximately 46% of U.S. quarterly revenues derived from our recently introduced hands-free platforms and approximately 1% derived from our traditional laser and non-invasive RF platformsGAAP net... More