08:23 AM EDT, 04/09/2024 (MT Newswires) -- InMode ( INMD ) lowered its fiscal 2024 revenue guidance range Tuesday to between $485 million and $495 million, from a previous expectation of $495 million to $505 million.

Analysts surveyed by Capital IQ expect $498.5 million.

The medical devices maker also said it expects fiscal Q1 revenue of $80 million to $80.1 million.

Analysts polled by Capital IQ expect $100.6 million.

The company plans to release its Q1 earnings premarket May 2.

Shares of the company were down more than 10% in recent Tuesday premarket activity.

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