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  • Insmed To Present at November and December 2025 Investor Conferences

    Insmed To Present at November and December 2025 Investor Conferences

    BRIDGEWATER, N.J., Nov. 5, 2025 /PRNewswire/ — Insmed Incorporated (Nasdaq: INSM), a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases, today announced that management will present at the following investor conferences:

    • Jefferies Global Healthcare Conference in London, on Tuesday, November 18, 2025, at 8:30 a.m. GT / 3:30 a.m. ET.
    • Evercore 8th Annual Healthcare Conference in Coral Gables, Florida, on Tuesday, December 2, 2025, at 11:15 a.m. ET.

    These events will be webcast live and can be accessed by visiting the investor relations section of the Company’s website at www.insmed.com. Webcasts will be archived for a period of 30 days following the conclusion of the live events.

    About Insmed

    Insmed Incorporated is a people-first global biopharmaceutical company striving to deliver first- and best-in-class therapies to transform the lives of patients facing serious diseases. The Company is advancing a diverse portfolio of approved and mid- to late-stage investigational medicines as well as cutting-edge drug discovery focused on serving patient communities where the need is greatest. Insmed’s most advanced programs are in pulmonary and inflammatory conditions, including two approved therapies to treat chronic, debilitating lung diseases. The Company’s early-stage programs encompass a wide range of technologies and modalities, including gene therapy, AI-driven protein engineering, protein manufacturing, RNA end-joining, and synthetic rescue.

    Headquartered in Bridgewater, New Jersey, Insmed has offices and research locations throughout the United States, Europe, and Japan. Insmed is proud to be recognized as one of the best employers in the biopharmaceutical industry, including spending five consecutive years as the No. 1 Science Top Employer. Visit www.insmed.com to learn more or follow us on LinkedIn, Instagram, YouTube, and X.

    Contact:

    Investors:

    Bryan Dunn
    Vice President, Investor Relations
    (646) 812-4030
    [email protected]

    Media:

    Claire Mulhearn
    Vice President, Corporate Communications
    (862) 842-6819
    [email protected] 

    SOURCE Insmed Incorporated


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  • David Harewood stars in an Othello that thrills but lacks coherence — review

    David Harewood stars in an Othello that thrills but lacks coherence — review

    Unlock the Editor’s Digest for free

    Tom Morris has not made life easy for himself. For the first of a series of Shakespeare productions he is bringing to the…

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  • Quarterly Revenue of $93.2 Million, 78% Gross Margins

    Quarterly Revenue of $93.2 Million, 78% Gross Margins

    YOKNEAM, Israel, Nov. 5, 2025 /PRNewswire/ — InMode Ltd. (NASDAQ: INMD) (“InMode”), a leading global provider of innovative medical technologies, today announced its consolidated financial results for the third quarter ended September 30, 2025.

    Third Quarter 2025 Highlights:

    • Quarterly GAAP revenues of $93.2 million, compared to $130.2 million in the third quarter of 2024, which included $31.9 million of pre-order sales.
    • Quarterly revenues from consumables and service of $19.9 million, an increase of 26% compared to the third quarter of 2024.
    • GAAP operating income of $20.9 million. *Non-GAAP operating income was $23.6 million.
    • Total cash position of $532.3 million as of September 30, 2025, including cash and cash equivalents, marketable securities and short-term bank deposits.

    U.S. GAAP Results

    (U.S. dollars in thousands, except for per share data)


     Q3 2025

     Q3 2024

    Revenues

    $93,165

    $130,232

    (including $31.9M of pre-order sales)

    Gross Margins

    78 %

    82 %

    Net Income

    $21,863

    $50,990

    Earnings per Diluted Share

    $0.34

    $0.65

    *Non-GAAP Results

    (U.S. dollars in thousands, except for per share data)


    Q3 2025

    Q3 2024

    Gross Margins

    78 %

    82 %

    Net Income

    $24,532

    $54,971

    Earnings per Diluted Share

    $0.38

    $0.70


    *Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income  is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.

    Management Comments

    “The third quarter progressed in line with our expectations, even as broader economic conditions continued to present challenges,” said Moshe Mizrahy, Chief Executive Officer of InMode. “Consumer sentiment remains cautious, and global uncertainties persist. Nonetheless, our team remains focused, executing with discipline and investing in the strategic areas that will fuel our long-term trajectory.

    “On the corporate front, we are excited to welcome Michael Dennison as our new President of North America.  Michael has been with InMode since 2018 and his proven leadership and industry expertise will be instrumental in advancing our regional strategy, deepening customer engagement, and supporting InMode’s sustainable growth,” Mizrahy concluded.

    Yair Malca, Chief Financial Officer of InMode, added, “Gross margins in the third quarter were in line with expectations and reflected our proactive planning around tariff impacts.”

    Third Quarter 2025 Financial Results

    Total revenues for the third quarter of 2025 were $93.2 million.  In the third quarter of 2024, revenues were $130.2 million (including $31.9 million in revenue from first half of 2024 pre-orders). 

    GAAP and a *non-GAAP gross margin for the third quarter was 78%, compared to a gross margin of 82% for the third quarter of 2024.

    GAAP operating margin for the third quarter of 2025 was 22%, compared to 37% in the third quarter of 2024. *Non-GAAP operating margin for the third quarter of 2025 was 25%, compared to 40% for the third quarter of 2024.

    GAAP operating margin for the nine months ended September 30, 2025, was 22% compared to 29% for the same period in 2024. *Non-GAAP operating margin for the nine months ended September 30, 2025, was 26% compared to 33% for the same period in 2024. The decline in operating margins across both the quarterly and year-to-date periods primarily reflects lower sales in the U.S., which is the company’s most profitable region.

    InMode reported GAAP net income of $21.9 million, or $0.34 per diluted share, in the third quarter of 2025, compared to $51.0 million, or $0.65 per diluted share, in the third quarter of 2024. On a *non-GAAP basis, InMode reported net income of $24.5 million, or $0.38 per diluted share, in the third quarter of 2025, compared to $55.0 million, or $0.70 per diluted share, in the third quarter of 2024.

    As of September 30, 2025, InMode had cash and cash equivalents, marketable securities and short-term bank deposits of $532.3 million.

    2025 Financial Outlook

    Management provided an outlook for the full year of 2025 ending December 31, 2025. Based on our current estimates, management expects:

    • Revenues remain the same as in previous guidance between $365 million to $375 million
    • *Non-GAAP gross margin remains the same as in previous guidance between 78% and 80%
    • *Non-GAAP income from operations remains the same as in previous guidance to be between $93 million and $98 million
    • *Non-GAAP earnings per diluted share remain the same as in previous guidance between $1.55 to $1.59

    This outlook is not a guarantee of future performance, and stockholders should not rely on such forward-looking statements. See “Forward-Looking Statements” for additional information.

    *Please refer to “Use of Non-GAAP Financial Measures” below for important information about non-GAAP financial measures. A reconciliation between U.S. GAAP and non-GAAP Statement of Income is provided following the financial statements that are included in this release. Non-GAAP results exclude share-based compensation and related tax adjustments.

    The Current Situation in Israel

    Regarding the current situation in Israel, on October 10, 2025, a new cease-fire agreement between Hamas and Israel began, and the hostilities have formally paused after two years of conflicts. The scope and severity of ongoing conflicts in Gaza, Northern Israel, Lebanon, Iran, and the broader region are unpredictable and could escalate any time. To date, our operations have not been materially affected. We continue to monitor political and military developments closely and examine the consequences for our operations and assets. 

    Use of Non-GAAP Financial Measures

    In addition to InMode’s operating results presented in accordance with GAAP, this release contains certain non-GAAP financial measures including non-GAAP net income, non-GAAP earnings per diluted share, non-GAAP operating margin. Because these measures are used in InMode’s internal analysis of financial and operating performance, management believes they provide investors with greater transparency of its view of InMode’s economic performance. Management also believes the presentation of these measures, when analyzed in conjunction with InMode’s GAAP operating results, allows investors to more effectively evaluate and compare InMode’s performance to that of its peers, although InMode’s presentation of its non-GAAP measures may not be strictly comparable to the similarly titled measures of other companies. Schedules reconciling each of these non-GAAP financial measures are provided as a supplement to this release.

    Conference Call Information

    Mr. Moshe Mizrahy, Chief Executive Officer, Dr. Michael Kreindel, Co-Founder and Chief Technology Officer, Mr. Yair Malca, Chief Financial Officer will host a conference call today, November 5, 2025, at 8:30 a.m. Eastern Time to discuss the third quarter 2025 financial results.

    The Company encourages participants to pre-register for the conference call using the following link

    https://dpregister.com/sreg/10202681/ffd9babcf8. Callers will receive a unique dial-in number upon registration, which enables immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

    For callers who opt out of pre-registration, please dial one of the following teleconferencing numbers. Please begin by placing your call 10 minutes before the conference call commences. If you are unable to connect using the toll-free number, please try the international dial-in number.

    U.S. Toll-Free Dial-in Number: 1-833-316-0562
    Israel Toll- Free Dial-in Number: 1-80-921-2373
    International Dial-in Number: 1-412-317-5736
    Webcast URL:https://event.choruscall.com/mediaframe/webcast.html?webcastid=JfIdKlTZ
    At:
    8:30 a.m. Eastern Time
    5:30 a.m. Pacific Time

    The conference call will also be webcast live from a link on InMode’s website at https://inmodeinvestors.com/events-presentations/. A replay of the conference call will be available from November 5, 2025, at 12 p.m. Eastern Time to November 19, 2025, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers: 

    Replay Dial-in U.S TOLL-FREE: 1-877-344-7529
    Replay Dial-in Canada TOLL-FREE: 1855-669-9658
    Replay Dial-in TOLL/INTERNATIONAL: 1-412-317-0088
    Replay Pin Number: 2676014

    To access the replay using an international dial-in number, please select the link below:
    https://services.choruscall.com/ccforms/replay.html

    A replay of the conference call will also be available for 90 days on InMode’s website at https://inmodeinvestors.com/events-presentations/.

    About InMode

    InMode is a leading global provider of innovative medical technologies. InMode develops, manufactures, and markets devices harnessing novel radio frequency (“RF”) technology. InMode strives to enable new emerging surgical procedures as well as improve existing treatments. InMode has leveraged its medically accepted minimally invasive RF technologies to offer a comprehensive line of products across several categories for plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology. For more information about InMode, please visit www.inmodemd.com.

    Forward-Looking Statements

    The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or InMode’s future financial or operating performance, including the 2025 revenue projection described above. Actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. In some cases, you can identify these statements because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” “will,” “would” and similar expressions that concern our expectations, strategic plans or intentions. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Consequently, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in InMode’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on February 4, 2025, and our future public filings. InMode undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which pertain only as of the date of this press release.

    Company Contact:
    Yair Malca
    Chief Financial Officer
    Phone: (949) 305-0108
    Email: [email protected] 

    Investor Relations Contact:
    Miri Segal
    MS-IR LLC
    Email: [email protected] 

    INMODE LTD.

    CONDENSED CONSOLIDATED STATEMENTS OF INCOME
    (U.S. dollars in thousands, except for per share data)
    (Unaudited)



    Three months ended
    September 30,


    Nine months ended
    September 30,


    2025


    2024


    2025


    2024


    REVENUES

    93,165


    130,232


    266,641


    296,965


    COST OF REVENUES

    20,856


    24,055


    56,971


    57,536


    GROSS PROFIT

    72,309


    106,177


    209,670


    239,429


    OPERATING EXPENSES:









    Research and development

    3,543


    3,254


    9,810


    10,470


    Sales and marketing

    44,970


    51,863


    132,171


    136,713


    General and administrative

    2,899


    2,799


    8,293


    7,579


    TOTAL OPERATING EXPENSES

    51,412


    57,916


    150,274


    154,762


    OPERATIONS INCOME

    20,897


    48,261


    59,396


    84,667


    Finance income, net

    4,721


    9,918


    19,642


    26,592


    INCOME BEFORE INCOME TAXES

    25,618


    58,179


    79,038


    111,259


    INCOME TAXES

    3,755


    7,189


    12,232


    12,755


    NET INCOME

    21,863


    50,990


    66,806


    98,504











    EARNINGS PER SHARE:









    Basic

    0.35


    0.66


    1.03


    1.20


    Diluted

    0.34


    0.65


    1.02


    1.19


    WEIGHTED AVERAGE NUMBER OF SHARES
    OUTSTANDING USED IN COMPUTATION OF
    EARNINGS PER SHARE (in thousands)









    Basic

    63,291


    77,022


    65,072


    81,795


    Diluted

    63,868


    77,908


    65,727


    83,016


     

    INMODE LTD.

    CONDENSED CONSOLIDATED BALANCE SHEETS
    (U.S. dollars in thousands, except for per share data)
    (Unaudited)



    September 30,

    2025


    December 31,

    2024

    Assets




    CURRENT ASSETS:




    Cash and cash equivalents

    252,437


    155,329

    Marketable securities

    121,518


    267,688

    Short-term bank deposits

    158,353


    173,455

    Accounts receivable, net of allowance for credit losses

    38,095


    36,335

    Prepaid expense and other receivables

    24,485


    22,097

    Inventories

    71,403


    59,548

         TOTAL CURRENT ASSETS

    666,291


    714,452

        NON-CURRENT ASSETS:




    Accounts receivable, net of allowance for credit losses

    2,350


    3,176

    Deferred income tax asset

    54,104


    56,285

    Operating lease right-of-use assets

    8,922


    8,732

    Property and equipment, net

    2,238


    2,322

    Other investments

    700


    700

    TOTAL NON-CURRENT ASSETS

    68,314


    71,215

    TOTAL ASSETS

    734,605


    785,667

    Liabilities and shareholders’ equity




    CURRENT LIABILITIES:




    Accounts payable

    16,723


    13,782

    Contract liabilities

    15,099


    16,755

    Other liabilities

    36,508


    39,314

    TOTAL CURRENT LIABILITIES

    68,330


    69,851

        NON-CURRENT LIABILITIES:




    Contract liabilities

    3,126


    3,336

    Other liabilities

    4,171


    3,356

    Operating lease liabilities

    5,593


    5,311

    TOTAL NON-CURRENT LIABILITIES

    12,890


    12,003

    TOTAL LIABILITIES

    81,220


    81,854





    TOTAL SHAREHOLDERS’ EQUITY

    653,385


    703,813

    TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

    734,605


    785,667

    INMODE LTD.

    CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (U.S. dollars in thousands, except for per share data)
    (Unaudited)




    Three months ended
    September 30,


    Nine months ended
    September 30,


    2025


    2024


    2025


    2024


    CASH FLOWS FROM OPERATING ACTIVITIES:









    Net income

    21,863


    50,990


    66,806


    98,504


    Adjustments required to reconcile net income to net cash provided by operating activities:









    Depreciation and amortization

    156


    138


    521


    480


    Share-based compensation expenses

    2,696


    3,981


    8,632


    13,122


    Change in allowance for credit losses of trade receivable

    106


    130


    159


    414


    Loss on marketable securities, net

    11


    29


    14


    170


    Finance expenses (income), net

    3,147


    3,863


    1,260


    (5,934)


    Deferred income taxes

    602


    35


    2,064


    (58)


    Changes in operating assets and liabilities:









    Decrease (increase) in accounts receivable

    (2,353)


    (2,570)


    (1,094)


    1,924


    Increase in other receivables

    (147)


    (860)


    (2,403)


    (7,577)


    Increase in inventories

    (3,293)


    (5,657)


    (11,855)


    (13,189)


    Increase (decrease) in accounts payable

    (759)


    (1,235)


    2,941


    347


    Increase (decrease) in other liabilities

    564


    11,722


    (2,596)


    6,160


    Increase (decrease) in contract liabilities (current and non-current)

    1,874


    (26,517)


    (1,866)


    5,859


    Net cash provided by operating activities

    24,467


    34,049


    62,583


    100,222


    CASH FLOWS FROM INVESTING ACTIVITIES:









    Investment in short-term deposits

    (153,904)


    (78,390)


    (178,904)


    (164,687)


    Proceeds from short-term deposits

    103,390


    138,140


    189,687


    151,640


    Purchase of fixed assets

    (134)


    (77)


    (438)


    (435)


    Purchase of marketable securities


    (90,820)


    (20,877)


    (276,513)


    Proceeds from sale of marketable securities

    14,211


    22,233


    17,214


    69,608


    Proceeds from maturity of marketable securities

    48,105


    122,969


    152,127


    304,777


    Net cash provided by investing activities

    11,668


    114,055


    158,809


    84,390


    CASH FLOWS FROM FINANCING ACTIVITIES:









     Repurchase of ordinary shares


    (76,556)


    (127,444)


    (165,536)


        Exercise of options

    249


    565


    1,248


    1,194


    Net cash provided by (used in) financing activities

    249


    (75,991)


    (126,196)


    (164,342)


    EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

    (184)


    728


    1,912


    157


    NET INCREASE IN CASH AND CASH EQUIVALENTS

    36,200


    72,841


    97,108


    20,427











    CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD

    216,237


    91,997


    155,329


    144,411


    CASH AND CASH EQUIVALENTS AT END OF PERIOD

    252,437


    164,838


    252,437


    164,838


    INMODE LTD.

    CONDENSED CONSOLIDATED FINANCIAL HIGHLIGHTS
    (U.S. dollars in thousands, except for per share data)
    (Unaudited)


     

    Three months ended September 30, 


    Nine months ended September 30,

    2025



     

    2024


    2025



     

    2024

     

    Revenues by Category: 
















    Capital Equipment revenues – United States

    45,203


    49 %


    85,734


    66 %


    1,15,398


    44 %


    1,51,392


    51 %

    Capital Equipment revenues – International

    28,063


    30 %


    28,662


    22 %


    91,329


    34 %


    86,191


    29 %

     

    Total Capital Equipment revenues 

     

    73,266


     

    79 %


     

    1,14,396


     

    88 %


     

    2,06,727


     

    78 %


     

    2,37,583


     

    80 %

    Consumables and service revenues

    19,899


    21 %


    15,836


    12 %


    59,914


    22 %


    59,382


    20 %

     

    Total Revenue 

     

    93,165


     

    100 %


     

    1,30,232


     

    100 %


     

    2,66,641


     

    100 %


     

    2,96,965


     

    100 %


    Three months ended September 30,


    Nine months ended September 30,

    2025


    2024


    2025


    2024


    %


    %


    %


    %


    United
    States


    International


    Total


    United
    States


    International


    Total


    United
    States


    International


    Total


    United
    States


    International


    Total

    Revenues by Technology:
























    Minimal-Invasive

    75


    76


    75


    95


    77


    90


    79


    79


    80


    90


    82


    88

    Hands-Free

    2


    1


    2


    4


    3


    4


    3


    2


    2


    7


    3


    5

    Non-Invasive

    23


    23


    23


    1


    20


    6


    18


    19


    18


    3


    15


    7


    100


    100


    100


    100


    100


    100


    100


    100


    100


    100


    100


    100

    INMODE LTD.


    RECONCILIATION OF GAAP CONDENSED CONSOLIDATED STATEMENTS OF
    INCOME TO NON-GAAP CONDENSED CONSOLIDATED STATEMENTS OF INCOME 
    (U.S. dollars in thousands, except for per share data)
     (Unaudited)

     




    Three months ended September 30, 2025


    Three months ended September 30, 2024



    GAAP


    Share Based
    Compensation


    Non-GAAP


    GAAP


    Share Based
    Compensation


    Non-GAAP


    REVENUES

    93,165



    93,165


    130,232



    130,232


    COST OF REVENUES

    20,856


    (343)


    20,513


    24,055


    (481)


    23,574


    GROSS PROFIT

    72,309


    343


    72,652


    106,177


    481


    106,658


    OPERATING EXPENSES:













    Research and development

    3,543


    (274)


    3,269


    3,254


    (890)


    2,364


    Sales and marketing

    44,970


    (1,804)


    43,166


    51,863


    (2,300)


    49,563


    General and administrative

    2,899


    (275)


    2,624


    2,799


    (310)


    2,489


    TOTAL OPERATING
    EXPENSES

    51,412


    (2,353)


    49,059


    57,916


    (3,500)


    54,416


    OPERATIONS INCOME

    20,897


    2,696


    23,593


    48,261


    3,981


    52,242


    Finance income, net

    4,721



    4,721


    9,918



    9,918


    INCOME BEFORE INCOME TAXES

    25,618


    2,696


    28,314


    58,179


    3,981


    62,160


    INCOME TAXES

    3,755


    27


    3,782


    7,189



    7,189


    NET INCOME

    21,863


    2,669


    24,532


    50,990


    3,981


    54,971


    EARNINGS PER SHARE:













    Basic

    0.35




    0.39


    0.66




    0.71


    Diluted

    0.34




    0.38


    0.65




    0.70


    WEIGHTED AVERAGE NUMBER OF
    SHARES OUTSTANDING USED IN
    COMPUTATION OF EARNINGS PER
    SHARE (in thousands)













    Basic

    63,291




    63,291


    77,022




    77,022


    Diluted

    63,868




    64,531


    77,908




    78,548


     


    Nine months ended September 30, 2025


    Nine months ended September 30, 2024

    GAAP


    Share Based
    Compensation


    Non-GAAP


    GAAP


    Share Based
    Compensation


    Non-GAAP

    REVENUES

    266,641



    266,641


    296,965



    296,965

    COST OF REVENUES

    56,971


    (987)


    55,984


    57,536


    (1,361)


    56,175

    GROSS PROFIT

    209,670


    987


    210,657


    239,429


    1,361


    240,790

    OPERATING EXPENSES:












    Research and development

    9,810


    (783)


    9,027


    10,470


    (1,877)


    8,593

    Sales and marketing

    132,171


    (6,096)


    126,075


    136,713


    (9,007)


    127,706

    General and administrative

    8,293


    (766)


    7,527


    7,579


    (877)


    6,702

    TOTAL OPERATING
    EXPENSES

    150,274


    (7,645)


    142,629


    154,762


    (11,761)


    143,001

    OPERATIONS INCOME

    59,396


    8,632


    68,028


    84,667


    13,122


    97,789

    Finance income, net

    19,642



    19,642


    26,592



    26,592

    INCOME BEFORE INCOME
    TAXES

    79,038


    8,632


    87,670


    111,259


    13,122


    124,381

    INCOME TAXES

    12,232


    (628)


    11,604


    12,755



    12,755

    NET INCOME

    66,806


    9,260


    76,066


    98,504


    13,122


    111,626

    EARNINGS PER
    SHARE:












    Basic

    1.03




    1.17


    1.20




    1.36

    Diluted

    1.02




    1.15


    1.19




    1.34

    WEIGHTED AVERAGE
    NUMBER OF SHARES
    OUTSTANDING USED IN
    COMPUTATION OF
    EARNINGS PER SHARE (in
    thousands)












    Basic

    65,072




    65,072


    81,795




    81,795

    Diluted

    65,727




    66,199


    83,016




    83,536

    Logo: https://mma.prnewswire.com/media/1064477/InMode_Logo.jpg

    SOURCE InMode Ltd.

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