Recap: InMode Q2 Earnings

InMode INMD reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

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

InMode beat estimated earnings by 15.69%, reporting an EPS of $0.59 versus an estimate of $0.51.

Revenue was up $26.22 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.72% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.37	0.55	0.50	0.40
EPS Actual	0.40	0.64	0.55	0.51
Revenue Estimate	80.24M	102.34M	89.26M	74.27M
Revenue Actual	85.92M	110.54M	94.18M	87.33M

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 FY 2022, expecting earnings between $2.11 and $2.16 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.

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