01:23 PM EDT, 04/28/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

InMode ( INMD ) shares were down more than 11% in recent trading Monday after the company reported lower quarterly earnings and cut its full-year adjusted earnings per share forecast.

The company reported earlier Q1 non-GAAP earnings of $0.31 per diluted share, down from $0.32 a year earlier.

Analysts polled by FactSet expected $0.35.

Revenue for the quarter ended March 31 was $77.9 million, compared with $80.3 million a year earlier.

Analysts surveyed by FactSet expected $77.5 million.

The company said it now expects 2025 adjusted EPS in a range of $1.64 to $1.68, down from its previous guidance of $1.95 to $1.99. Analysts surveyed by FactSet expect $1.92.

The company maintained its annual revenue guidance of between $395 million and $405 million. Analysts polled by FactSet expect $391.8 million.

Price: 14.38, Change: -1.84, Percent Change: -11.34