SlideShare a Scribd company logo
InMode Soars after
Paula Abdul Is
Named Their Brand
Ambassador
After a falling IPO, InMode Inc.’s fortunes reversed when Paula Abdul signed
on as brand ambassador and debut quarterly results were impressive.
128 Central Park South
New York, NY 10019
www.bodysculpt.com 212-265-2724
Soon after the announcement that International Pop Icon Paula Abdul had
agreed to join InMode Ltd. as their brand ambassador to share her positive
experience with the Company’s innovative technologies, the medical
technology company’s fortunes have reversed. As reported by Bloomberg,
the stocks of InMode, the global provider of inventive medical technologies,
surged on August 14, 2019 after naming Paula Abdul as a brand ambassador
for its alternatives to cosmetic surgery, and strong second-quarter results.
The shares of Inmode rose 25% even as the broader stock market dropped.
Inmode came public market only recently in a $14 IPO.
InMode: Newly-Public Skin Treatment Firm
InMode Ltd., a leading global provider of innovative, energy-based solutions
offers cutting edge medical devices for minimally-invasive and non-invasive
procedures that provide amazing results for the patient and the practice.
InMode’s technological advancements began over two decades ago with
state-of-the-art light, laser, and radiofrequency devices invented by leading
doctors and scientists, who essentially launched and shaped the industry.
Their technology continues that legacy to provide superior satisfaction for
both the patient and the practice.
InMode Reports Second Quarter 2019 Financial Results and Pop Icon
Paula Abdul as Their Brand Ambassador
As reported by Streetwise Reports, InMode Ltd that completed an IPO (Initial
Public Stock Offering) just a few days ago, reported their second quarter
earnings for the period ending June 30, 2019. In a separate release, InMode
also announced the appointment of pop icon Paula Abdul as a brand
ambassador. This attracted a lot of public attention. The company reported
record revenue of $38.8 million in the second quarter of 2019, which was an
increase of 55% over 2018 2nd
quarter. Apart from noticeable improvements
www.bodysculpt.com 212-265-2724
in gross margins and operating margins, the company reported their net
income of $15.8 billion or $0.45 per diluted share in the second quarter of
2019, compared to $7.6 million or $0.21 per diluted share in Q2/18.
Excluding the $70 million proceeds raised in InModes IPO, the company
reported a total cash position of $82.8 million including cash, cash
equivalents, marketable securities and deposits. The firm’s CEO and
chairman Moshe Mizrahy said that they were pleased with their second
quarter results that are consistent with both their report expectations and
the positive trends they were continuing to see in their business.
InMode is a leading global provider of innovative medical technologies. The
company develops, manufactures, and markets medical devices harnessing
the power of radiofrequency technology. Their products are available across
several categories for plastic surgery, dermatology, gynecology,
otolaryngology, and ophthalmology. These products and solutions are
designed primarily to address three energy-based treatment categories –
face and body contouring, women’s health, and medical aesthetics.
InMode’s collaboration with pop icon Paula Abdul will definitely prove
beneficial to the company. An international celebrity, Paula Abdul has made
her mark in the entertainment industry as an award-winning dancer and
choreographer, singer, actress, television personality with six number-one
singles on the Billboard Hot 100, Emmy and Grammy awards along with
many other honors. She is happy to be InMode’s brand ambassador because
she experienced positive results with the company’s BodyTite system for
her arms, and FaceTite and Morpheus8 hand pieces for her lower face, jaw
line and neck. She wants to get the word out about the excellent results
InMode’s amazing technology in face and body contouring can achieve. The
treatment enabled her to restore a sleeker, more youthful look without
invasive surgery.
www.bodysculpt.com 212-265-2724
InMode’s minimally invasive BodyTite/FaceTite technology removes fat and
contracts skin under local anesthesia. The treatment does not leave any
visible scarring; downtime is minimal, and the treatment is less costly than
traditional surgical procedures. Results are observed immediately and you
experience continued improvement up to 12 months later.
Plastic surgeon Spero Theodorou MD of bodySCULPT in NYC, who is also
InMode’s Chief Medical Officer, said that Paula was an excellent candidate for
InMode’s innovative technology using Radio-Frequency (RF) to provide a
natural tighter appearance. She exercised regularly, was healthy but had
some areas that troubled her due to past injuries and the effects of aging.
InMode’s BodyTite system proved the ideal option to sculpt and remodel
Paula’s arms while the FaceTite and Morpheus8 handpieces addressed her
lower face, jawline and neck.
Positive reviews and the dynamic presence of Paula Abdul could lift InMode’s
shares even higher. Shakil Lakhani, President of InMode North America, said
they were thrilled to announce a strong and powerful woman like Paula
representing their brand. She had an ageless presence and embodied
InMode’s commitment to enhance beauty and well-being. InMode’s
collaboration with Paula Abdul will ensure a greater audience is aware of the
benefits of InMode’s technology on a national and global level. On her part,
Paula Abdul wants to bring her renewed feeling of confidence and self-
assurance to others who want the same benefits.

More Related Content

Similar to InMode Soars after Paula Abdul Is Named Their Brand Ambassador

Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdfSpain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
insightscare
 
CPID 752256No return if unwrappedHSA 599Strayer Unive.docx
CPID 752256No return if unwrappedHSA 599Strayer Unive.docxCPID 752256No return if unwrappedHSA 599Strayer Unive.docx
CPID 752256No return if unwrappedHSA 599Strayer Unive.docx
AASTHA76
 
I-Bytes Healthcare Industry
I-Bytes Healthcare IndustryI-Bytes Healthcare Industry
I-Bytes Healthcare Industry
EGBG Services
 
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docxGE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
hanneloremccaffery
 
Need a 4 page APA format paper based on the case study below. Need b.docx
Need a 4 page APA format paper based on the case study below. Need b.docxNeed a 4 page APA format paper based on the case study below. Need b.docx
Need a 4 page APA format paper based on the case study below. Need b.docx
lea6nklmattu
 
Group 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentGroup 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentOlivia Knott
 
Group 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentGroup 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentOlivia Knott
 
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docxGE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
VannaJoy20
 
I-Bytes Healthcare Industry
I-Bytes Healthcare IndustryI-Bytes Healthcare Industry
I-Bytes Healthcare Industry
EGBG Services
 
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
IMARC Group
 
Final file the business apac inventive healthcare companies 2020
Final file  the business apac inventive healthcare companies 2020Final file  the business apac inventive healthcare companies 2020
Final file the business apac inventive healthcare companies 2020
Business APAC
 
Inventive healthcare companies
Inventive healthcare companiesInventive healthcare companies
Inventive healthcare companies
Business APAC
 
Strategic Management in P&G
Strategic Management in P&GStrategic Management in P&G
Strategic Management in P&G
falak nawaz
 
Healthcare marketing the optimization scenario1
Healthcare marketing   the optimization scenario1Healthcare marketing   the optimization scenario1
Healthcare marketing the optimization scenario1
Nirmala N
 
Reverse innovation
Reverse innovationReverse innovation
Reverse innovationNeeraj Vig
 
Global Marketing Strategy- IOPE
Global Marketing Strategy- IOPEGlobal Marketing Strategy- IOPE
Global Marketing Strategy- IOPEAlicia xiaoxiao li
 
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
IHS
 
Impact of covid on indian stock market
Impact of covid on indian stock marketImpact of covid on indian stock market
Impact of covid on indian stock market
RahulNag9
 

Similar to InMode Soars after Paula Abdul Is Named Their Brand Ambassador (20)

Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdfSpain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
Spain’s Top 10 Companies Booming in Healthcare Sector 2022.pdf
 
CPID 752256No return if unwrappedHSA 599Strayer Unive.docx
CPID 752256No return if unwrappedHSA 599Strayer Unive.docxCPID 752256No return if unwrappedHSA 599Strayer Unive.docx
CPID 752256No return if unwrappedHSA 599Strayer Unive.docx
 
IMT BusPlan_L-Terry-COPYRIGHT
IMT BusPlan_L-Terry-COPYRIGHTIMT BusPlan_L-Terry-COPYRIGHT
IMT BusPlan_L-Terry-COPYRIGHT
 
I-Bytes Healthcare Industry
I-Bytes Healthcare IndustryI-Bytes Healthcare Industry
I-Bytes Healthcare Industry
 
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docxGE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion divisio.docx
 
Need a 4 page APA format paper based on the case study below. Need b.docx
Need a 4 page APA format paper based on the case study below. Need b.docxNeed a 4 page APA format paper based on the case study below. Need b.docx
Need a 4 page APA format paper based on the case study below. Need b.docx
 
Group 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentGroup 5's B2B Slide Assignment
Group 5's B2B Slide Assignment
 
Group 5's B2B Slide Assignment
Group 5's B2B Slide AssignmentGroup 5's B2B Slide Assignment
Group 5's B2B Slide Assignment
 
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docxGE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
GE HealthcareAs of 2010, GE Healthcare was a $17 billion division .docx
 
I-Bytes Healthcare Industry
I-Bytes Healthcare IndustryI-Bytes Healthcare Industry
I-Bytes Healthcare Industry
 
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
Corporate Wellness Market by Product Type, Distribution Channel, End User 202...
 
Final file the business apac inventive healthcare companies 2020
Final file  the business apac inventive healthcare companies 2020Final file  the business apac inventive healthcare companies 2020
Final file the business apac inventive healthcare companies 2020
 
Inventive healthcare companies
Inventive healthcare companiesInventive healthcare companies
Inventive healthcare companies
 
Strategic Management in P&G
Strategic Management in P&GStrategic Management in P&G
Strategic Management in P&G
 
Truth Biomedical
Truth BiomedicalTruth Biomedical
Truth Biomedical
 
Healthcare marketing the optimization scenario1
Healthcare marketing   the optimization scenario1Healthcare marketing   the optimization scenario1
Healthcare marketing the optimization scenario1
 
Reverse innovation
Reverse innovationReverse innovation
Reverse innovation
 
Global Marketing Strategy- IOPE
Global Marketing Strategy- IOPEGlobal Marketing Strategy- IOPE
Global Marketing Strategy- IOPE
 
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
Medical Device Market Access: Optimising Medical Device and Diagnostic Launch...
 
Impact of covid on indian stock market
Impact of covid on indian stock marketImpact of covid on indian stock market
Impact of covid on indian stock market
 

Recently uploaded

One Gene One Enzyme Theory.pptxvhvhfhfhfhf
One Gene One Enzyme Theory.pptxvhvhfhfhfhfOne Gene One Enzyme Theory.pptxvhvhfhfhfhf
One Gene One Enzyme Theory.pptxvhvhfhfhfhf
AbdulMunim54
 
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Guillermo Rivera
 
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
IMARC Group
 
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
rightmanforbloodline
 
the IUA Administrative Board and General Assembly meeting
the IUA Administrative Board and General Assembly meetingthe IUA Administrative Board and General Assembly meeting
the IUA Administrative Board and General Assembly meeting
ssuser787e5c1
 
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
blessyjannu21
 
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
ILC- UK
 
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac CareStem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
Dr. David Greene Arizona
 
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to CareLGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
VITASAuthor
 
The positive impact of SGRT – The Berkshire Cancer Centre experience
The positive impact of SGRT – The Berkshire Cancer Centre experienceThe positive impact of SGRT – The Berkshire Cancer Centre experience
The positive impact of SGRT – The Berkshire Cancer Centre experience
SGRT Community
 
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
o6ov5dqmf
 
Artificial Intelligence to Optimize Cardiovascular Therapy
Artificial Intelligence to Optimize Cardiovascular TherapyArtificial Intelligence to Optimize Cardiovascular Therapy
Artificial Intelligence to Optimize Cardiovascular Therapy
Iris Thiele Isip-Tan
 
DRAFT Ventilator Rapid Reference version 2.4.pdf
DRAFT Ventilator Rapid Reference  version  2.4.pdfDRAFT Ventilator Rapid Reference  version  2.4.pdf
DRAFT Ventilator Rapid Reference version 2.4.pdf
Robert Cole
 
Letter to MREC - application to conduct study
Letter to MREC - application to conduct studyLetter to MREC - application to conduct study
Letter to MREC - application to conduct study
Azreen Aj
 
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
rowala30
 
Bringing AI into a Mid-Sized Company: A structured Approach
Bringing AI into a Mid-Sized Company: A structured ApproachBringing AI into a Mid-Sized Company: A structured Approach
Bringing AI into a Mid-Sized Company: A structured Approach
Brian Frerichs
 
Trauma Outpatient Center .
Trauma Outpatient Center                       .Trauma Outpatient Center                       .
Trauma Outpatient Center .
TraumaOutpatientCent
 
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPYRECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
Isha Jaiswal
 
ICH Guidelines for Pharmacovigilance.pdf
ICH Guidelines for Pharmacovigilance.pdfICH Guidelines for Pharmacovigilance.pdf
ICH Guidelines for Pharmacovigilance.pdf
NEHA GUPTA
 
Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.
Dinesh Chauhan
 

Recently uploaded (20)

One Gene One Enzyme Theory.pptxvhvhfhfhfhf
One Gene One Enzyme Theory.pptxvhvhfhfhfhfOne Gene One Enzyme Theory.pptxvhvhfhfhfhf
One Gene One Enzyme Theory.pptxvhvhfhfhfhf
 
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
Navigating Challenges: Mental Health, Legislation, and the Prison System in B...
 
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
Veterinary Diagnostics Market PPT 2024: Size, Growth, Demand and Forecast til...
 
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
TEST BANK For Accounting Information Systems, 3rd Edition by Vernon Richardso...
 
the IUA Administrative Board and General Assembly meeting
the IUA Administrative Board and General Assembly meetingthe IUA Administrative Board and General Assembly meeting
the IUA Administrative Board and General Assembly meeting
 
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
INFECTION OF THE BRAIN -ENCEPHALITIS ( PPT)
 
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
Global launch of the Healthy Ageing and Prevention Index 2nd wave – alongside...
 
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac CareStem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
Stem Cell Solutions: Dr. David Greene's Path to Non-Surgical Cardiac Care
 
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to CareLGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
LGBTQ+ Adults: Unique Opportunities and Inclusive Approaches to Care
 
The positive impact of SGRT – The Berkshire Cancer Centre experience
The positive impact of SGRT – The Berkshire Cancer Centre experienceThe positive impact of SGRT – The Berkshire Cancer Centre experience
The positive impact of SGRT – The Berkshire Cancer Centre experience
 
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
一比一原版纽约大学毕业证(NYU毕业证)成绩单留信认证
 
Artificial Intelligence to Optimize Cardiovascular Therapy
Artificial Intelligence to Optimize Cardiovascular TherapyArtificial Intelligence to Optimize Cardiovascular Therapy
Artificial Intelligence to Optimize Cardiovascular Therapy
 
DRAFT Ventilator Rapid Reference version 2.4.pdf
DRAFT Ventilator Rapid Reference  version  2.4.pdfDRAFT Ventilator Rapid Reference  version  2.4.pdf
DRAFT Ventilator Rapid Reference version 2.4.pdf
 
Letter to MREC - application to conduct study
Letter to MREC - application to conduct studyLetter to MREC - application to conduct study
Letter to MREC - application to conduct study
 
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
ALKAMAGIC PLAN 1350.pdf plan based of door to door delivery of alkaline water...
 
Bringing AI into a Mid-Sized Company: A structured Approach
Bringing AI into a Mid-Sized Company: A structured ApproachBringing AI into a Mid-Sized Company: A structured Approach
Bringing AI into a Mid-Sized Company: A structured Approach
 
Trauma Outpatient Center .
Trauma Outpatient Center                       .Trauma Outpatient Center                       .
Trauma Outpatient Center .
 
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPYRECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
RECENT ADVANCES IN BREAST CANCER RADIOTHERAPY
 
ICH Guidelines for Pharmacovigilance.pdf
ICH Guidelines for Pharmacovigilance.pdfICH Guidelines for Pharmacovigilance.pdf
ICH Guidelines for Pharmacovigilance.pdf
 
Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.Tips for Pet Care in winters How to take care of pets.
Tips for Pet Care in winters How to take care of pets.
 

InMode Soars after Paula Abdul Is Named Their Brand Ambassador

  • 1. InMode Soars after Paula Abdul Is Named Their Brand Ambassador After a falling IPO, InMode Inc.’s fortunes reversed when Paula Abdul signed on as brand ambassador and debut quarterly results were impressive. 128 Central Park South New York, NY 10019
  • 2. www.bodysculpt.com 212-265-2724 Soon after the announcement that International Pop Icon Paula Abdul had agreed to join InMode Ltd. as their brand ambassador to share her positive experience with the Company’s innovative technologies, the medical technology company’s fortunes have reversed. As reported by Bloomberg, the stocks of InMode, the global provider of inventive medical technologies, surged on August 14, 2019 after naming Paula Abdul as a brand ambassador for its alternatives to cosmetic surgery, and strong second-quarter results. The shares of Inmode rose 25% even as the broader stock market dropped. Inmode came public market only recently in a $14 IPO. InMode: Newly-Public Skin Treatment Firm InMode Ltd., a leading global provider of innovative, energy-based solutions offers cutting edge medical devices for minimally-invasive and non-invasive procedures that provide amazing results for the patient and the practice. InMode’s technological advancements began over two decades ago with state-of-the-art light, laser, and radiofrequency devices invented by leading doctors and scientists, who essentially launched and shaped the industry. Their technology continues that legacy to provide superior satisfaction for both the patient and the practice. InMode Reports Second Quarter 2019 Financial Results and Pop Icon Paula Abdul as Their Brand Ambassador As reported by Streetwise Reports, InMode Ltd that completed an IPO (Initial Public Stock Offering) just a few days ago, reported their second quarter earnings for the period ending June 30, 2019. In a separate release, InMode also announced the appointment of pop icon Paula Abdul as a brand ambassador. This attracted a lot of public attention. The company reported record revenue of $38.8 million in the second quarter of 2019, which was an increase of 55% over 2018 2nd quarter. Apart from noticeable improvements
  • 3. www.bodysculpt.com 212-265-2724 in gross margins and operating margins, the company reported their net income of $15.8 billion or $0.45 per diluted share in the second quarter of 2019, compared to $7.6 million or $0.21 per diluted share in Q2/18. Excluding the $70 million proceeds raised in InModes IPO, the company reported a total cash position of $82.8 million including cash, cash equivalents, marketable securities and deposits. The firm’s CEO and chairman Moshe Mizrahy said that they were pleased with their second quarter results that are consistent with both their report expectations and the positive trends they were continuing to see in their business. InMode is a leading global provider of innovative medical technologies. The company develops, manufactures, and markets medical devices harnessing the power of radiofrequency technology. Their products are available across several categories for plastic surgery, dermatology, gynecology, otolaryngology, and ophthalmology. These products and solutions are designed primarily to address three energy-based treatment categories – face and body contouring, women’s health, and medical aesthetics. InMode’s collaboration with pop icon Paula Abdul will definitely prove beneficial to the company. An international celebrity, Paula Abdul has made her mark in the entertainment industry as an award-winning dancer and choreographer, singer, actress, television personality with six number-one singles on the Billboard Hot 100, Emmy and Grammy awards along with many other honors. She is happy to be InMode’s brand ambassador because she experienced positive results with the company’s BodyTite system for her arms, and FaceTite and Morpheus8 hand pieces for her lower face, jaw line and neck. She wants to get the word out about the excellent results InMode’s amazing technology in face and body contouring can achieve. The treatment enabled her to restore a sleeker, more youthful look without invasive surgery.
  • 4. www.bodysculpt.com 212-265-2724 InMode’s minimally invasive BodyTite/FaceTite technology removes fat and contracts skin under local anesthesia. The treatment does not leave any visible scarring; downtime is minimal, and the treatment is less costly than traditional surgical procedures. Results are observed immediately and you experience continued improvement up to 12 months later. Plastic surgeon Spero Theodorou MD of bodySCULPT in NYC, who is also InMode’s Chief Medical Officer, said that Paula was an excellent candidate for InMode’s innovative technology using Radio-Frequency (RF) to provide a natural tighter appearance. She exercised regularly, was healthy but had some areas that troubled her due to past injuries and the effects of aging. InMode’s BodyTite system proved the ideal option to sculpt and remodel Paula’s arms while the FaceTite and Morpheus8 handpieces addressed her lower face, jawline and neck. Positive reviews and the dynamic presence of Paula Abdul could lift InMode’s shares even higher. Shakil Lakhani, President of InMode North America, said they were thrilled to announce a strong and powerful woman like Paula representing their brand. She had an ageless presence and embodied InMode’s commitment to enhance beauty and well-being. InMode’s collaboration with Paula Abdul will ensure a greater audience is aware of the benefits of InMode’s technology on a national and global level. On her part, Paula Abdul wants to bring her renewed feeling of confidence and self- assurance to others who want the same benefits.