Inspire Medical Systems (INSP) Tops Q1 EPS by 13c

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Inspire Medical Systems, Inc. Announces First Quarter 2023 Financial Results and Updates 2023 Outlook

May 2, 2023 4:02 PM EDT

MINNEAPOLIS, May 02, 2023 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea (OSA), today reported financial results for the quarter ended March 31, 2023.

Recent Business Highlights

Generated revenue of $127.9 million in the first quarter of 2023, an 84% increase over the same quarter last yearAchieved gross margin of 84.4% in the first quarter of 2023Activated 68 new centers in the U.S. in the first quarter of 2023,... More