Reports Q2 revenue $136.1M, consensus $132M. “We are pleased to report a record quarter with revenue of $136.1 million, as sales from our platforms and disposables were the strongest they’ve ever been,” said Moshe Mizrahy, CEO. “Our commitment to innovation supports our growth and leads to a solid brand recognition within the aesthetics industry.” Shakil Lakhani, President of InMode North America, commented, “Once again, we saw an increase in consumable and platform sales in the second quarter. Revenue from consumables and service for the second quarter grew nearly 44% year-over-year and reached a record level.” “InMode’s Envision platform, which offers a full periorbital treatment, continued to perform well in Q2, as we gained market traction stemming from the soft launch in Canada last year,” said Dr. Spero Theodorou, Chief Medical Officer.
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Read More on INMD:
- InMode Reports Second Quarter 2023 Financial Results; Record Quarterly Revenue of $136.1M Represents 20% Year-Over-Year Growth
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- InMode Stock (NASDAQ:INMD): Still Reasonably Priced Even after Going Vertical
- InMode raises FY23 revenue view to $530M-$540M from $525M-$530M
- InMode sees Q2 non-GAAP EPS 70c-71c, consensus 64c
