Inspire Medical Systems, Inc. Announces $75 million Accelerated Share Repurchase Program
Inspire Medical Systems, Inc. (INSP)
Last inspire medical systems, inc. earnings: 2/25 04:15 pm
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Source: GlobeNewswire
MINNEAPOLIS, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire,” or the “Company”), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea, today announced that it entered into an accelerated share repurchase (“ASR”) transaction under an agreement with Goldman Sachs & Co. LLC, to repurchase an aggregate of $75.0 million of shares of the Company’s common stock, par value $0.001 per share. The ASR transaction is being completed pursuant to a previously announced $150.0 million share repurchase program authorized by the Company’s Board of Directors. “Entering into this ASR reflects our confidence in our long-term growth potential, underpinned by our strong revenue and earnings growth profile and our expectations for our future cash generation,” said Tim Herbert, Chairman and CEO of Inspire. “We remain committed to invest in our future growth
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News
- Earnings Beat: Inspire Medical Systems, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- Inspire Medical Systems, Inc. to Present at Jefferies London Healthcare ConferenceGlobeNewswire
- Declining Stock and Decent Financials: Is The Market Wrong About Inspire Medical Systems, Inc. (NYSE:INSP)? [Yahoo! Finance]Yahoo! Finance
- Inspire Medical Systems, Inc. (NYSE: INSP) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $260.00 price target on the stock.MarketBeat
- Inspire Medical Systems, Inc. (NYSE: INSP) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $260.00 price target on the stock, up previously from $255.00.MarketBeat
INSP
Earnings
- 11/4/24 - Beat
INSP
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- 11/5/24 - Form 4
- INSP's page on the SEC website