Recap: InMode Q1 Earnings

InMode INMD reported its Q1 earnings results on Monday, May 2, 2022 at 07:15 AM.

Here's what investors need to know about the announcement.

InMode beat estimated earnings by 8.11%, reporting an EPS of $0.4 versus an estimate of $0.37.

Revenue was up $20.40 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 8.43% drop in the share price the next day.

Here's a look at InMode's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.55	0.50	0.40	0.27
EPS Actual	0.64	0.55	0.51	0.35
Revenue Estimate	102.34M	89.26M	74.27M	56.21M
Revenue Actual	110.54M	94.18M	87.33M	65.52M

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).

InMode management provided guidance for Q1 2022, expecting earnings between $0.38 and $0.39 per share.

To track all earnings releases for InMode visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.