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Inspire Medical Systems Inc (INSP) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]

Inspire Medical Systems, Inc. (INSP) 
Last inspire medical systems, inc. earnings: 2/25 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Inspire Medical Systems Inc ( NYSE:INSP ) reported a 33% increase in revenue for Q3 2024 compared to the same period in 2023, indicating strong business performance. The company has expanded its market presence by adding 66 new centers and 13 new U.S. sales territories, enhancing its reach and potential for growth. Inspire Medical Systems Inc ( NYSE:INSP ) has increased its 2024 revenue guidance to $793 to $798 million, reflecting confidence in continued growth. The company achieved a net income of $18.5 million in Q3 2024, a significant improvement from a net loss of $8.5 million in the prior year period. Inspire Medical Systems Inc ( NYSE:INSP ) is advancing its product development with the soft launch of the new Sleep Sync programming system and the upcoming launch of the Inspire 5 neurostimulation system, which is expected to improve patient management and reduce production costs. The company faces potential revenue headwinds in Q4 2024 due to hurricanes and an IV solut Show less Read more
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