Reported Earnings • May 06
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.18 (down from US$0.27 in 1Q 2025). Revenue: US$82.0m (up 5.3% from 1Q 2025). Net income: US$11.6m (down 37% from 1Q 2025). Profit margin: 14% (down from 23% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Annuncio • Apr 14
InMode Ltd. to Report Q1, 2026 Results on May 06, 2026 InMode Ltd. announced that they will report Q1, 2026 results Pre-Market on May 06, 2026 New Risk • Mar 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (25% net profit margin). Major Estimate Revision • Feb 17
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$373.9m to US$369.8m. EPS estimate also fell from US$1.58 per share to US$1.33 per share. Net income forecast to shrink 7.8% next year vs 16% growth forecast for Medical Equipment industry in the US . Consensus price target broadly unchanged at US$16.80. Share price fell 2.2% to US$14.30 over the past week. New Risk • Feb 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 25% Last year net profit margin: 46% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 10
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full year 2025 results: EPS: US$1.45 (down from US$2.29 in FY 2024). Revenue: US$370.5m (down 6.2% from FY 2024). Net income: US$93.8m (down 48% from FY 2024). Profit margin: 25% (down from 46% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 27% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Jan 29
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 8.5% to US$16.02. The fair value is estimated to be US$13.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 3.7%. Revenue is forecast to grow by 9.4% in 2 years. Earnings are forecast to decline by 25% in the next 2 years. Annuncio • Jan 29
Steel Partners Holdings L.P. proposed to acquire an additional 51% stake in InMode Ltd. (NasdaqGS:INMD) for approximately $580 million. Steel Partners Holdings L.P. proposed to acquire an additional 51% stake in InMode Ltd. (NasdaqGS:INMD) for approximately $580 million on January 28, 2026. A cash consideration valued at $18 per share will be paid by Steel Partners Holdings L.P. As part of consideration, an undisclosed value is paid towards common equity of InMode Ltd. Upon completion, Steel Partners Holdings L.P. will own 52.30% stake in InMode Ltd. The proposal would be fully funded from cash on hand and borrowing capacity under existing credit facility, with no financing contingency. Buy Or Sell Opportunity • Jan 07
Now 20% overvalued Over the last 90 days, the stock has fallen 1.6% to US$15.64. The fair value is estimated to be US$13.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has grown by 3.7%. Revenue is forecast to grow by 9.9% in 2 years. Earnings are forecast to decline by 26% in the next 2 years. Reported Earnings • Nov 06
Third quarter 2025 earnings: EPS and revenues exceed analyst expectations Third quarter 2025 results: EPS: US$0.34 (down from US$0.66 in 3Q 2024). Revenue: US$93.2m (down 28% from 3Q 2024). Net income: US$21.9m (down 57% from 3Q 2024). Profit margin: 24% (down from 39% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 7.7%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Annuncio • Nov 04
InMode Ltd. Appoints Michael Dennison as President of North America InMode Ltd. has appointed Michael Dennison, most recently Vice President of Sales, as President of North America. Dennison has held nearly every sales position in the aesthetic medical device industry, consistently producing at the highest level in each. With close to a decade of leadership experience at InMode, Dennison has advanced through roles from District Sales Manager to Vice President of Sales, driving national revenue growth, expanding market share, and strengthening the company's distribution network across North America. Before joining InMode, Dennison held multiple leadership positions at Cynosure, where he consistently exceeded sales targets and built high-performing teams that drove significant revenue growth. Annuncio • Sep 19
Court Partially Grants Motion to Dismiss in Securities Class Action Against Inmode Ltd InMode Ltd. announced that As previously disclosed, on February 14, 2024, a purported shareholder of the Company filed a putative shareholder class action (the “Securities Class Action”) in the United States District Court for the Central District of California (the “Court”), captioned Cement Masons and Plasterers Local No. 502 Pension Fund v. InMode Ltd. et al., Case No. 2:24-cv-01219, against the Company and certain of its officers and directors. The complaint alleges claims under Sections 10(b) and 20(a) of the Exchange Act based on allegedly false or misleading statements related to the Company’s business, operations, sales practices and financial outlook. The lawsuit seeks unspecified damages and other relief. On April 11, 2025, the Company filed a motion to dismiss the amended complaint, asserting, among other arguments, that the allegations in the amended complaint are legally insufficient and fail to support the lead plaintiffs’ claims. On June 20, 2025, the lead plaintiffs filed an opposition to the Company’s motion to dismiss, and on July 21, 2025, the Company filed a reply in support its motion to dismiss. On September 12, 2025, the Court entered an order that, among other things, dismissed with leave to amend 19 of the 24 statements that were the subject of the lead plaintiffs’ amended complaint. As of the date of this filing, the Company is unable to estimate a range of loss, if any, that could result were there to be an adverse final decision in the Securities Class Action, and an estimated liability has not been recorded in the Company’s financial statements. The defendants intend to continue to deny the allegations of wrongdoing and vigorously defend against the claims in the Securities Class Action. Annuncio • Sep 10
DOMA Perpetual Sends Letter to InMode Ltd On September 9, 2025, DOMA Perpetual Capital Management LLC announced that it has sent a letter to the Board of InMode Ltd. urging them to approve a 10% buyback of shares in Q4 2025 and another 10% buyback in Q1 2026. DOMA Perpetual added that the letter highlighted concerns regarding management's chaotic leadership and the need for the Board to fulfill its fiduciary duty to act in the best interests of shareholders. DOMA Perpetual stated that emphasized that the Company holds a significant amount of cash relative to its market capitalization and that returning capital to shareholders through buybacks is a prudent strategy and the Board was reminded of its legal obligations and the potential consequences of failing to act in shareholders' interests. Reported Earnings • Jul 31
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$0.42 (up from US$0.28 in 2Q 2024). Revenue: US$95.6m (up 11% from 2Q 2024). Net income: US$26.7m (up 12% from 2Q 2024). Profit margin: 28% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Annuncio • May 06
InMode Ltd. Granted Injunction Against Counterfeit Sales of Morpheus8 Radio Frequency Microneedling Devices and Needle Cartridges InMode Ltd. reported that the US District Court for the Central District of California granted InMode's motion for default judgment against the DHGate sellers and awarded InMode a permanent injunction and damages for the defendants' sales and promotion of counterfeit goods. The Court's decision aims to protect safety and uphold InMode's trademark rights. The injunction includeszing the assets and halting the listings of the sellers involved in the counterfeit trade. The ruling focuses InMode on all claims (trademark infringement, false designation of origin, and California unfair competition), and (1) granted a permanent injunction enjoining the sellers from infringing upon the MORPHEUS and INMode trademarks, and (2) awarded InMode damages per defendant. InMode has established a Verified Provider Program for Morpheus8, allowing certified clinics to showcase their authenticity and confirm they use genuine Morpheus8 technology. This initiative helps patients identify safe, authorized providers committed to delivering trusted InMode results. Major Estimate Revision • May 05
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$391.7m to US$385.6m. EPS estimate also fell from US$1.74 per share to US$1.48 per share. Net income forecast to shrink 38% next year vs 16% growth forecast for Medical Equipment industry in the US . Consensus price target down from US$21.17 to US$17.25. Share price fell 10% to US$14.57 over the past week. Price Target Changed • Apr 29
Price target decreased by 19% to US$17.25 Down from US$21.17, the current price target is an average from 5 analysts. New target price is 20% above last closing price of US$14.42. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$1.48 for next year compared to US$2.29 last year. Reported Earnings • Apr 28
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: US$0.27 (down from US$0.28 in 1Q 2024). Revenue: US$77.9m (down 3.0% from 1Q 2024). Net income: US$18.2m (down 23% from 1Q 2024). Profit margin: 23% (down from 30% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Annuncio • Apr 14
InMode Ltd. to Report Q1, 2025 Results on Apr 28, 2025 InMode Ltd. announced that they will report Q1, 2025 results Pre-Market on Apr 28, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$14.48, the stock trades at a forward P/E ratio of 8x. Average trailing P/E is 26x in the Medical Equipment industry in the US. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$22.10 per share. Annuncio • Apr 04
InMode Ltd., Annual General Meeting, May 15, 2025 InMode Ltd., Annual General Meeting, May 15, 2025. Location: tavor building, shaar yokneam industrial park, yokneam, Israel Buy Or Sell Opportunity • Mar 28
Now 21% undervalued Over the last 90 days, the stock has risen 4.0% to US$17.70. The fair value is estimated to be US$22.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are forecast to decline by 3.4% per annum over the same time period. Reported Earnings • Feb 04
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: US$2.29 (down from US$2.37 in FY 2023). Revenue: US$394.8m (down 20% from FY 2023). Net income: US$181.3m (down 8.4% from FY 2023). Profit margin: 46% (up from 40% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 34%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annuncio • Feb 04
InMode Ltd. Provides Revenue Guidance for the Full Year of 2025 Ending December 31, 2025 InMode Ltd. provided revenue guidance for the full year of 2025 ending December 31, 2025. For the period, the company expects revenues between $395 to $405 million. Annuncio • Jan 08
InMode Ltd. to Report Q4, 2024 Results on Feb 06, 2025 InMode Ltd. announced that they will report Q4, 2024 results Pre-Market on Feb 06, 2025 Reported Earnings • Nov 01
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$0.66 (up from US$0.56 in 3Q 2023). Revenue: US$130.2m (up 5.8% from 3Q 2023). Net income: US$51.0m (up 9.6% from 3Q 2023). Profit margin: 39% (up from 38% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 43% per year, which means it is significantly lagging earnings. Annuncio • Oct 02
InMode Ltd. Announces Executive Departures InMode Ltd. announced departure of Shakil Lakhani, President of North America, effective September 30, 2024. His departure follows that of Dr. Spero Theodorou, Chief Medical Officer. These changes come as part of InMode's ongoing effort to establish an optimal company structure that aligns with its global expansion and penetration into new business verticals. Reported Earnings • Aug 02
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: US$0.28 (down from US$0.67 in 2Q 2023). Revenue: US$86.4m (down 37% from 2Q 2023). Net income: US$23.8m (down 57% from 2Q 2023). Profit margin: 28% (down from 41% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Annuncio • Aug 01
InMode Ltd. Revises Earnings Guidance for the Full Year Ending December 31, 2024 InMode Ltd. revised earnings guidance for the full year ending December 31, 2024. For the year, the company expects revenue to be $430 million to $440 million compared to prior guidance of $485 million to $495 million. Annuncio • Jul 31
Inmode Introduces Igniterf the Complete Minimally Invasive Soft Tissue Contraction Platform InMode Ltd. announce the introduction of IgniteRF, a ground-breaking minimally invasive workstation inclusive of nine technologies which offer soft tissue contraction across multiple tissue depths. The IgniteRF platform, alongside the BodyTite, FaceTite, Morpheus8, and now QuantumRF family of products offers a comprehensive suite of radiofrequency solutions for various aesthetic and surgical needs. QuantumRF is a new, advanced minimally invasive technology which deploys fractionated radiofrequency to maximal depths. The two lightweight and versatile cannulas, QuantumRF 10 for small, more delicate treatment zones and QuantumRF 25 for larger treatment zones enable physicians to deliver unprecedented results without invasive surgery. Radiofrequency (RF) technology has emerged as the gold standard in skin contraction within the aesthetics industry, due to its effectiveness, safety, and minimally or non-invasive nature. RF treatments heat the deeper layers of the skin, stimulating collagen production and promoting tissue remodeling. This process results in contracted, firmer skin and a more youthful appearance. One of the primary reasons RF is favored in aesthetics is its ability to deliver consistent and noticeable results with minimal discomfort and downtime. Unlike more surgical procedures, RF treatments do not require incisions or extensive surgery and recovery periods. Annuncio • Jul 18
InMode Ltd. Announces an Additional FDA 510(K) Clearance for the Morpheus8 Technology InMode Ltd. announced an additional FDA 510(k) clearance for the Morpheus8 technology. Morpheus8 is the first and only fractional radiofrequency (FRF) microneedling technology cleared for contraction of soft tissue. The U.S. Food and Drug Administration (FDA) has cleared the use of the Morpheus8 Applicators for the delivery of fractional radiofrequency use in dermatologic skin procedures where coagulation/contraction of soft tissue or hemostasis is needed. This FDA action expands Morpheus8's existing FDA clearance, emphasizing the versatility of the technology for physicians and patients. Coinciding with this clearance is the launch of the new IgniteRF and OptimasMAX platforms, which include the Morpheus8 family of handpieces. The modular portfolio of tips, including Prime 12 pin, Morpheus8 24 pin, Resurfacing 24 pin, and Morpheus8 40 pin, makes this technology a versatile solution delivering exceptional patient results. The IgniteRF and Optimas MAX platforms support 14 technologies, including minimally invasive radiofrequency assisted soft tissue coagulation and contraction, non-invasive thermal radiofrequency, intense pulsed light skin treatments, and multi-wavelength hair reduction. Since inception, Morpheus8 has gained widespread global brand awareness, with more than 2.5 million procedures performed worldwide, and an average of 8.2 treatments performed every minute. The Morpheus8 brand has become so popular that consumers and celebrities request it by name. It is a trusted procedure known for delivering both natural and striking results. Price Target Changed • Jul 12
Price target decreased by 12% to US$22.60 Down from US$25.60, the current price target is an average from 5 analysts. New target price is 26% above last closing price of US$17.87. Stock is down 60% over the past year. The company is forecast to post earnings per share of US$1.89 for next year compared to US$2.37 last year. Major Estimate Revision • May 09
Consensus EPS estimates fall by 19% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$491.9m to US$479.5m. EPS estimate also fell from US$2.31 per share to US$1.88 per share. Net income forecast to shrink 7.3% next year vs 17% growth forecast for Medical Equipment industry in the US . Consensus price target down from US$27.60 to US$25.60. Share price rose 6.1% to US$18.30 over the past week. Price Target Changed • May 03
Price target decreased by 7.2% to US$25.60 Down from US$27.60, the current price target is an average from 5 analysts. New target price is 45% above last closing price of US$17.64. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$1.97 for next year compared to US$2.37 last year. Annuncio • May 03
InMode Ltd. Revises Earnings Guidance for the Full Year Ending December 31, 2024 InMode Ltd. revised earnings guidance for the full year ending December 31, 2024. For the year, the company expects revenue to be $485 million to $495 million compared to previous guidance of $495 million to $505 million. Annuncio • Apr 10
InMode Ltd. to Report Q1, 2024 Results on May 02, 2024 InMode Ltd. announced that they will report Q1, 2024 results Pre-Market on May 02, 2024 Annuncio • Apr 09
Inmode Ltd. Provides Revenue Guidance for the First Quarter of 2024 InMode Ltd. provided revenue guidance for the first quarter of 2024. For the year, the company expects Revenue to be in the range of $80.0 million to $80.1 million. Annuncio • Apr 05
Pomerantz Law Firm Announces the Filing of a Class Action Against Inmode Ltd Pomerantz LLP announces that a class action lawsuit has been filed against InMode Ltd. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether InMode and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. You have until April 15, 2024, to ask the Court to appoint you as Lead Plaintiff for the class if you are a shareholder who purchased or otherwise acquired InMode securities during the Class Period. On February 17, 2023, an investigative publication revealed that InMode had threatened certain customers with legal action over complaints made about the Company's devices and sales tactics. The customers also stated that InMode offered to replace defective products on the condition of signing confidentiality agreements with non-disparagement clauses. On this news, InMode's stock price fell $1.21 per share, or 3.27%, to close at $35.81 per share on February 21, 2023. Then, on October 12, 2023, InMode lowered its full-year revenue guidance, citing higher interest rates, tighter leasing approval standards, and bottlenecks in loan processing. Later that same day, an investigative publication announced a forthcoming report on InMode, relating to the Company's statements to investors about pricing flexibility of products and margin consistency. After the close of trading, the publication released that story, revealing that the Company had routinely and significantly discounted the prices of its devices.On this news, InMode's stock price fell $7.24 per share, or 25.87%, over the following two trading sessions, to close at $20.75 per share on October 13, 2024. Annuncio • Apr 02
Pomerantz Law Firm Announces the Filing of a Class Action Against InMode Ltd Pomerantz LLP announced that a class action lawsuit has been filed against InMode Ltd. Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether InMode and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On February 17, 2023, an investigative publication revealed that InMode had threatened certain customers with legal action over complaints made about the Company’s devices and sales tactics. The customers also stated that InMode offered to replace defective products on the condition of signing confidentiality agreements with non-disparagement clauses. On this news, InMode’s stock price fell $1.21 per share, or 3.27%, to close at $35.81 per share on February 21, 2023. Then, on October 12, 2023, InMode lowered its full-year revenue guidance, citing higher interest rates, tighter leasing approval standards, and bottlenecks in loan processing. Later that same day, an investigative publication announced a forthcoming report on InMode, relating to the Company’s statements to investors about pricing flexibility of products and margin consistency. After the close of trading, the publication released that story, revealing that the Company had routinely and significantly discounted the prices of its devices. On this news, InMode’s stock price fell $7.24 per share, or 25.87%, over the following two trading sessions, to close at $20.75 per share on October 13, 2024. Annuncio • Feb 16
Bragar Eagel & Squire, P.C. Files Class Action Lawsuit Against InMode Ltd Bragar Eagel & Squire, P.C. announced that a class action lawsuit has been filed against InMode Ltd. in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired InMode common stock between June 4, 2021 and October 12, 2023, both dates inclusive (Class Period). Investors have until April 15, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements and omissions concerning two topics that are of critical importance to investors: (1) the price at which InMode sells its devices, which reflects the demand for those products; and (2) InMode’s compliance with U.S. Food and Drug Administration (“FDA”) regulations, including the FDA’s prohibition on off-label marketing of devices and the FDA’s requirements for the reporting of injuries. Specifically, Defendants repeatedly touted the demand for InMode’s devices and told investors that those devices were never sold at a discount. InMode also assured investors that it had “obtained [FDA] clearance for the current treatments for which offer products” and that “no third-party claims have been brought against to date.” As a result of these misrepresentations, the price of InMode common stock traded at artificially inflated prices throughout the Class Period. According to the complaint, in reality, throughout the Class Period, InMode routinely discounted the prices of its devices and violated FDA regulations by promoting the off-label use of its devices, and by failing to properly report injuries caused by its devices. The complaint further alleges that the truth began to emerge just before the market closed on February 17, 2023, when an investigative publication revealed that InMode threatened some customers with legal action over complaints made about the Company’s devices and sales tactics. The customers also stated that InMode offered to replace defective products on the condition of signing confidentiality agreements with non-disparagement clauses. However, despite these disclosures, InMode continued to misrepresent the pricing of, and demand for, its products. Then, on October 12, 2023, before the market opened, InMode lowered its full-year revenue guidance, which the Company blamed on higher interest rates, tighter leasing approval standards, and bottlenecks in loan processing. Later that same day, an investigative publication announced a forthcoming report on InMode, relating to the Company’s statements to investors about pricing flexibility of products and margin consistency. After the close of trading, the publication released a story revealing that InMode significantly discounted the prices of its devices on a routine basis throughout the Class Period. As a result of these disclosures, the price of InMode common stock declined precipitously. Annuncio • Feb 14
InMode Ltd., Annual General Meeting, Apr 01, 2024 InMode Ltd., Annual General Meeting, Apr 01, 2024, at 17:00 Israel Standard Time. Location: Tavor Building, Sha'ar Yokneam Industrial Park, Yokne'am Israel Agenda: To re-elect Dr. Michael Anghel who is an incumbent director and to elect Mr. Nadav Kenneth as a new director, replacing Mr. Bruce Mann who is retiring to the Company's board of directors, both to serve as a Class II directors of the Company, and to hold office until the close of business of the annual general meeting of shareholders to be held in 2027 and until such individual's successor is duly elected and qualified, or until such individual's earlier resignation or retirement; and to consider other matters. Reported Earnings • Feb 14
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: US$2.37 (up from US$1.96 in FY 2022). Revenue: US$492.0m (up 8.3% from FY 2022). Net income: US$197.9m (up 23% from FY 2022). Profit margin: 40% (up from 36% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Medical Equipment industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Annuncio • Jan 17
InMode Ltd. to Report Q4, 2023 Results on Feb 13, 2024 InMode Ltd. announced that they will report Q4, 2023 results Pre-Market on Feb 13, 2024