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Inspire Medical Expects Higher Q2 Revenue, Raises 2024 Guidance; Shares Up Pre-Bell
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Inspire Medical Expects Higher Q2 Revenue, Raises 2024 Guidance; Shares Up Pre-Bell
Jul 29, 2024 6:11 AM

08:43 AM EDT, 07/29/2024 (MT Newswires) -- Inspire Medical Systems ( INSP ) said Monday its preliminary Q2 results show that revenue is anticipated to be $195.9 million, a 30% increase from a year earlier.

Analysts polled by Capital IQ are expecting $186.1 million.

The company said it now expects full year 2024 revenue to be from $788 million to $798 million, raising its previous guidance of $775 million to $785 million.

Analysts polled by Capital IQ forecast $787.9 million.

Shares of the company were up 9.7% in recent Monday premarket activity.

Price: 138.00, Change: +12.21, Percent Change: +9.71

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