InMode's sales and profits have boomed, but you wouldn't know it from the company's share price.
Shares of medical device company InMode (NASDAQ: INMD) fell 32% in April, according to data provided by S&P Global Market Intelligence. On April 11, the company gave encouraging preliminary financial results for the first quarter of 2022. Oddly enough, prominent analysts applauded the Q1 results from InMode but lowered their expectations for the stock nevertheless.
Image source: The Motley Fool. InMode Ltd. (NASDAQ: INMD)Q1 2022 Earnings CallMay 02, 2022, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorHello, and welcome to the InMode Ltd.