InMode First-Quarter 2024 Earnings Call: Key Highlights and Future Prospects
Thursday, 2 May 2024, 23:15
InMode (INMD) Q1 2024 Earnings Call Transcript
INMD earnings call for the period ending March 31, 2024. Image source: The Motley Fool.
Investor Relations Update by Miri Segal
- Challenging macro environment impacting Q1 results
- Launch of new platforms: IgniteRF and Optimus Max
- Focus on fulfilling customer demand amid inventory constraints
Financial Performance Insights by Yair Malca
- Total revenue: $80.3 million in Q1 2024
- Pro forma revenue: $96 million including pre-orders of new platforms
- International sales: $38 million, 47% of total sales
CEO Remarks by Moshe Mizrahy
Key Points: New platform launches, share repurchase program, and new chairman appointment
InMode's strategic moves amidst challenges demonstrate resilience and growth potential while navigating market conditions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.