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Inspire Medical Systems inc   (INSP)
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Price: $192.7600 $0.74 0.385%
Day's High: $195.52 Week Perf: -2.08 %
Day's Low: $ 190.70 30 Day Perf: 0.45 %
Volume (M): 345 52 Wk High: $ 330.00
Volume (M$): $ 66,560 52 Wk Avg: $225.40
Open: $190.70 52 Wk Low: $123.27



 Market Capitalization (Millions $) 5,663
 Shares Outstanding (Millions) 29
 Employees 347
 Revenues (TTM) (Millions $) 624
 Net Income (TTM) (Millions $) -21
 Cash Flow (TTM) (Millions $) -256
 Capital Exp. (TTM) (Millions $) 24

Inspire Medical Systems Inc
Inspire Medical Systems Inc. is a medical technology company that specializes in the development of innovative solutions to treating obstructive sleep apnea (OSA). The company was founded in 2007, and its headquarters are located in Minneapolis, Minnesota, USA.

Inspire Medical Systemse primary product is an implantable device that stimulates the hypoglossal nerve, which controls the tongue and other muscles involved in breathing, to prevent airway blockage and allow for normal breathing during sleep. The device is implanted under the skin in the upper chest area, and a small remote control is used to turn it on and off.

The company has conducted extensive clinical trials to prove the safety and effectiveness of the device, and it has received approval from the US Food and Drug Administration (FDA) in 2014. The device is also approved for use in Europe, Canada, and Australia.

Inspire Medical Systems is dedicated to improving the lives of people with OSA who cannot tolerate continuous positive airway pressure (CPAP), which is the standard of care for OSA. The company believes that its device provides an effective and long-term solution for patients with OSA who struggle with CPAP therapy.

In addition to developing its implantable device, Inspire Medical Systems also provides training and support for healthcare providers who diagnose and treat OSA. The company works with sleep centers and hospitals around the world to educate clinicians about the benefits of its device and the importance of early intervention for OSA.

Inspire Medical Systems has a team of experienced executives and engineers who are focused on innovation and improving patient outcomes. The company has received numerous awards and honors for its breakthrough technology, including the 2020 Fast Company Most Innovative Companies award in the medical devices category.

In summary, Inspire Medical Systems is a medical technology company that has developed an implantable device to treat obstructive sleep apnea. The company is dedicated to improving patient outcomes and provides training and support to healthcare providers. With its innovative technology and experienced team, Inspire Medical Systems is poised to continue making significant advances in the field of sleep medicine.


   Company Address: 5500 Wayzata Blvd. Golden Valley 55416 MN
   Company Phone Number: 672-4357   Stock Exchange / Ticker: NYSE INSP
   


   

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Inspire Medical Systems Inc

Inspire Medical Systems Inc. Exceeds Expectations with Impressive Q1 Growth and Strong Fiscal Performance

Inspire Medical Systems, Inc. has recently reported its first quarter operating income and year-over-year financial performance, showcasing impressive growth and improvement in key metrics. The company's net profit per share soared by 356.62% to $0.48 per share from a year ago, with revenue also increasing by 39.459% to $192.31 million. These results have outperformed its sector peers in the Medical Equipment & Supplies industry, indicating strong financial health and potential for further growth.
Additionally, Inspire Medical Systems Inc reported a bottom-line of $14.763 million in the October to December 31, 2023 fiscal span, an increase of 368.67% from the previous year. The company also highlighted improving profit margins, with net margin rising to 7.68% and operating margin edging up to 4.83%. The increase in inventories and accounts receivable further signal rising demand and growth opportunities for the company.

Class Action

Shareholders of Inspire Medical Systems, Inc. Urged to Act as Filing Deadline Looms

Published Thu, Jan 4 2024 4:19 AM UTC

FILING DEADLINE APPROACHING: Shareholders of Inspire Medical Systems, Inc. Encouraged to Take Action
In recent news, Kuznicki Law PLLC has alerted shareholders of Inspire Medical Systems, Inc. (NYSE: INSP) to take immediate action with regards to a class action lawsuit. Shareholders who purchased the company's shares between May 3, 2023, and November 7, 2023, are advised...

Inspire Medical Systems Inc

Inspire Medical Systems Inc Announces Impressive Third Quarter Results



Inspire Medical Systems Inc, a leading medical technology company, recently released its financial results for the most recent fiscal period. The report reveals several positive indicators, including a significant reduction in loss per share, improved earnings per share (EPS), and notable revenue growth. Additionally, the company demonstrated improved net shortfall, witnessed a buildup in inventories and supplies, and observed a surge in accounts receivable. These results highlight the potential impact on Inspire Medical Systems Inc and provide insight into how they may influence the company's future prospects.
Reduced Loss Per Share and Improved EPS:
The most encouraging aspect of Inspire Medical Systems Inc's financial results is the reduction in loss per share. Comparing the current fiscal period to the same quarter a year ago, the company managed to decrease its loss from $-0.60 to $-0.29 per share. This positive trend indicates the company is taking effective measures to control costs and enhance its financial performance. Moreover, Inspire Medical Systems Inc also witnessed an improvement in EPS, which improved from $-0.41 per share in the preceding quarter.

Inspire Medical Systems Inc

Inspire Medical Systems Inc Spectacularly Erases Losses with a Massive 65% Revenue Jump in Q2 2023

Inspire Medical Systems Inc, a leading player in the Medical Equipment & Supplies industry, has reported a significant revenue rise in its April to June 30, 2023 financial period. With a surge of 65.334% to $151.09 million, the company has effectively cut its losses to $-0.41 per share, marking a notable improvement from the $-0.53 per share reported in the same period last year.
Investors and stakeholders can take heart in this impressive growth, which outperformed the Q1 revenue increase of 18.136% from $127.90 million. Notably, the company's earnings per share (EPS) also showed positive growth, rebounding from $-0.53 per share in the previous year to an improved figure in the current financial reporting period.

Inspire Medical Systems Inc

Very imposing 84.337%, jump in revenue at INSP amid the January to March 31 2023 period

Inspire Medical Systems Inc., a global leader in innovative sleep apnea treatment options, has recently reported financial results for the first quarter of 2023. Despite the negative earnings per share (EPS) of $-0.53, which was a slight improvement from the previous year's EPS of $-0.61, the company has shown remarkable growth and resilience.
One impressive aspect of the first-quarter financial report was the significant increase in revenue by 84.337%, reaching $127.90 million from the previous year's $69.38 million. Although the sequential revenue deteriorated, decreasing by -7.254% from $137.90 million, it is important to note that the increase in revenue from the previous year's quarter is a significant achievement.






 

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