InMode (NASDAQ:INMD) reported its Q4 earnings results on Thursday, February 10, 2022 at 07:15 AM.
Here's what investors need to know about the announcement.
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Earnings
InMode beat estimated earnings by 16.36%, reporting an EPS of $0.64 versus an estimate of $0.55.
Revenue was up $35.35 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 5.34% drop in the share price the next day.
Here's a look at InMode's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.40 | 0.27 | 0.38 |
| EPS Actual | 0.55 | 0.51 | 0.35 | 0.47 |
| Revenue Estimate | 89.26M | 74.27M | 56.21M | 70.76M |
| Revenue Actual | 94.18M | 87.33M | 65.52M | 75.19M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
InMode management provided guidance for their next quarter, expecting earnings between $0.61 and $0.62 per share for the next quarter.
This represents a -3.91% in quarter-over-quarter growth for InMode, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
