UPDATE: Oppenheimer Upgrades Inspire Medical Systems (INSP) to Perform
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Go back to UPDATE: Oppenheimer Upgrades Inspire Medical Systems (INSP) to Perform
November 3, 2020 5:43 AM EST
Wells Fargo raised its price target on Inspire Medical Systems (NYSE: INSP) to $140.00 (from $135.00) while maintaining a Overweight rating.... More
November 2, 2020 5:44 PM EST
Today's After-Hours Stock Movers:
Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) 19.4% HIGHER; announced a joint venture with F.H. Paschen for the West Lake Corridor rail expansion awarded by the Northern Indiana Commuter Transportation District (NICTD) and valued at over $550 million. The contract was secured by Ragnar Benson, a subsidiary of IEA that provides heavy- and light-rail construction, and F.H. Paschen, a general contractor and construction manager with over 110 years of experience in the construction industry.
SolarEdge Technologies (NASDAQ: SEDG)... More
November 2, 2020 5:01 PM EST
Inspire Medical Systems (NYSE: INSP) reported Q3 EPS of ($0.39), $0.33 better than the analyst estimate of ($0.72). Revenue for the quarter came in at $35.8 million versus the consensus estimate of $22.75 million.
Recent Business Highlights
Generated revenue of $35.8 million in the third quarter of 2020, a 72% increase over the same quarter last yearReported gross margin of 85.5% in the third quarter of 2020, an increase over the 83.4% reported in the same quarter last yearActivated 42 new centers in the third quarter of 2020, bringing the total to 370 U.S. medical centers implanting Inspire therapyCreated...
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