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Tuesday, November 5, 2019

InMode up 11% after Q3 beat

Recent IPO InMode (INMD +10.7%) is up on more than 50% higher volume on the heels of better-than-expected Q3 results. Highlights:
Revenue up 57% to $40M driven by expanded direct saleforce.
Net income up 87% to $16.2M, EPS up 62% to $0.42.

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