05:44 PM EDT, 08/06/2024 (MT Newswires) -- Inspire Medical Systems ( INSP ) reported Q2 earnings late Tuesday of $0.32 per diluted share, compared with a net loss of $0.41 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.14.

Revenue for the quarter that ended June 30 was $195.9 million, up from $151.1 million a year earlier.

Analysts surveyed by Capital IQ expected $195.9 million.

The company now expects full-year 2024 earnings of $0.60 to $0.80 per diluted share, compared with its prior forecasts of $0.10 to $0.20. Analysts surveyed by Capital IQ expect $0.16.

The company now expects revenue for the full year of $788 million to $798 million, versus its previous projections of $783 million to $793 million. Analysts polled by Capital IQ expect $790.4 million.

Shares traded over 7% higher in after-hours activity.

Price: 157.75, Change: +10.74, Percent Change: +7.31