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Inspire Medical raises FY23 revenue view to $608M-$612M from $600M-$610M

Consensus $611.09M. The company said, “Inspire is increasing and narrowing its full year 2023 revenue guidance to between $608 million to $612 million, which represents growth of 49% to 50% over full year 2022 revenue of $407.9 million. This compares to the prior revenue guidance of $600 million to $610 million. The Company is maintaining its full year 2023 gross margin guidance of 83% to 85%. Inspire is also maintaining its guidance relating to the opening of new U.S. medical centers of 52 to 56 per quarter for the remaining quarter of the year, as well as its guidance of 12 to 14 new U.S. territories for the fourth quarter of 2023.”

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