|Bid||20.65 x 900|
|Ask||20.70 x 900|
|Day's Range||20.56 - 22.69|
|52 Week Range||13.06 - 23.73|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||21.07|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.05|
LAKE FOREST, Calif., Aug. 20, 2019 /PRNewswire/ -- InMode Ltd. (Nasdaq: INMD) ("InMode") announced today the issuance and sale of an additional 500,000 ordinary shares pursuant to the partial exercise of the underwriters' over-allotment option in connection with InMode's initial public offering. The additional shares were sold at the initial offering price of $14.00 per ordinary share, generating additional gross proceeds of approximately $7.0 million and bringing the total gross proceeds to InMode from the offering, before deducting underwriting discounts and commissions and other offering expenses, to approximately $77.0 million.
InMode stock popped for a second day running Thursday after the Paula Abdul-backed medical aesthetics company reported strong revenue growth in the second quarter ended June 30.
(Bloomberg) -- Newly public InMode Ltd. surged Wednesday after naming of Paula Abdul as a brand ambassador for its alternatives to cosmetic surgery and strong second-quarter results.Shares of the medical technology company soared 25% at 9:50 a.m. Eastern time even as the broader stock market sank. The Lake Forest, California-based company only came public market in a $14 IPO just last week, led by Barclays, UBS, Robert W. Baird and Canaccord Genuity.The provider of medical technologies that focuses on minimally and non-invasive beauty treatments teamed up with the singer and actress, who said she uses InMode’s BodyTite and FaceTite technology as an alternative to traditional cosmetic surgery.InMode reported second-quarter revenue of $38.8 million, a 55% increase from the year prior, with margins that increased. The company’s chief executive praised the results and said in a statement that the results “are consistent with both our reported expectations and the positive trends we are continuing to see in our business.”To contact the reporter on this story: Bailey Lipschultz in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Scott SchnipperFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Net Income Increased 109% Over Prior Year to $15.8 Million InMode Completed a Successful Initial Public Offering with Gross Proceeds of $70 Million LAKE FOREST, Calif. , Aug. 13, 2019 /PRNewswire/ -- InMode ...
LAKE FOREST, Calif., Aug. 13, 2019 /PRNewswire/ -- International Pop Icon Paula Abdul has made her mark in this industry as an award-winning dancer and choreographer, singer, actress, and television personality with six number-one singles on the Billboard Hot 100, Emmy and Grammy Awards, and numerous other accolades. Paula has agreed to join InMode Ltd. (Nasdaq: INMD) ("InMode" or the "Company") as a brand ambassador to share her positive experience with the Company's BodyTite, FaceTite and Morpheus8 technologies.
LAKE FOREST, Calif., Aug. 12, 2019 /PRNewswire/ -- InMode Ltd. (Nasdaq:INMD) ("InMode") announced today the closing of its initial public offering of 5,000,000 ordinary shares at an initial public offering price of $14.00 per ordinary share. The aggregate gross proceeds, before deducting underwriting discounts and commissions and other offering expenses, to InMode from the offering were approximately $70.0 million. Barclays Capital Inc. and UBS Securities LLC acted as the representatives of the underwriters and joint book-running managers for the offering.
LAKE FOREST, Calif., Aug. 7, 2019 /PRNewswire/ -- InMode Ltd. ("InMode"), announced today the pricing of its initial public offering of 5,000,000 ordinary shares at an initial public offering price of $14.00 per ordinary share. The underwriters of the offering will also have a 30-day option to purchase up to an additional 750,000 ordinary shares from InMode at the initial public offering price.
A medical aesthetic company is testing the IPO waters this week. Will investment in the shares give a facelift? The IPO Terms Yokneam, Israel-based Inmode Ltd. has filed with the SEC a preliminary prospectus ...