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Inspire: Q3 Earnings Snapshot
By AP News - Nov 04, 2024, 04:24 PM ET
Last Updated - Nov 04, 2024, 04:24 PM EST
GOLDEN VALLEY, Minn. (AP) — GOLDEN VALLEY, Minn. (AP) — Inspire Medical Systems Inc. (INSP) on Monday reported third-quarter net income of $18.5 million.
The Golden Valley, Minnesota-based company said it had profit of 60 cents per share.
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The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The maker of devices for treating obstructive sleep apnea posted revenue of $203.2 million in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $197.6 million.
Inspire expects full-year earnings to be $1.20 to $1.40 per share, with revenue in the range of $793 million to $798 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSP at https://www.zacks.com/ap/INSP
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