Inspire: Q4 Earnings Snapshot
By AP News
Published - Feb 07, 2023, 04:33 PM ET
Last Updated - Jun 22, 2023, 10:51 PM EDT
GOLDEN VALLEY, Minn. (AP) — GOLDEN VALLEY, Minn. (AP) — Inspire Medical Systems Inc. (INSP) on Tuesday reported fourth-quarter net income of $3.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Golden Valley, Minnesota-based company said it had net income of 10 cents.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.
The maker of devices for treating obstructive sleep apnea posted revenue of $137.9 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $137.7 million.
