InMode Prelim Q2 Revenue Hits $95M, Raises 2026 Guidance Amid Activist Pressure
INMD sits 20% above its 52-week low of $12.72.
Summary
InMode reported preliminary Q2 revenue of $95.2M–$95.4M and raised full-year 2026 guidance to $365M–$375M, signaling stronger demand than previously expected. This comes amid a heated takeover battle: Steel Partners, which has already made a $16.75/share bid, issued a new letter accusing the board of governance and disclosure failures. The raised guidance strengthens management's hand in resisting the activist, but the letter adds pressure ahead of final results due August 5. The revenue beat and guidance hike are material positives that could shift the M&A dynamics.
At the time of this announcement, INMD was trading at $15.31 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $889.2M. The 52-week trading range was $12.72 to $16.74. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.