Investing.com - InMode reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
InMode announced earnings per share of $0.66 on revenue of $121.2M. Analysts polled by Investing.com anticipated EPS of $0.53 on revenue of $105.94M.
InMode shares are down 51% from the beginning of the year , still down 65.43% from its 52 week high of $99.27 set on Tuesday, November 2, 2021.
InMode follows other major Healthcare sector earnings this month
InMode's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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