— Medical devices company InMode Ltd. (NASDAQ: INMD) reported net income of $19.03 million or $0.46 per share for the fourth quarter of 2019, vs. $0.38 per share expected.
— Revenues grew 63% annually to $47 million from $28.8 million last year, vs. the consensus estimate of $42.28 million
— Total cash position was $193.4 million at the end of the quarter, including cash and cash equivalents, marketable securities and short-term bank deposits
— For fiscal 2020, management expects revenues to be in the range of $190 million to $198 million
— InMode is currently looking for full-year gross margins in the range of 85% to 87%
— Expects adjusted income from operations to be between $76 million and $80 million in fiscal 2020
— Expects adjusted earnings per share to be in the range of $1.85 to $1.93 in fiscal 2020
Most Popular
MU Earnings: Micron’s Q4 profit declines but beats estimates
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
What are Philip Morris’ (PM) anticipations for the near term?
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
Key highlights from CarMax (KMX) Q2 2023 earnings results
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,
