InMode Q2 2024 Adj. EPS $0.46 Beats $0.38 Estimate, Sales $102.622M Miss $104.762M Estimate
Portfolio Pulse from Benzinga Newsdesk
InMode reported Q2 2024 adjusted EPS of $0.46, beating the estimate of $0.38. However, sales were $102.622 million, missing the estimate of $104.762 million.
August 01, 2024 | 11:05 am
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NEUTRAL IMPACT
InMode's Q2 2024 adjusted EPS of $0.46 beat the estimate of $0.38, but sales of $102.622 million missed the estimate of $104.762 million.
The positive EPS surprise is offset by the sales miss, leading to a neutral short-term impact on the stock price. Investors may be cautious due to the sales miss, but the EPS beat provides some reassurance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100