InMode Ltd. (INMD) Presents at Barclays 28th Annual Global Healthcare Conference Transcript

SA Transcripts158.92K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call InMode Ltd. (INMD) Barclays 28th Annual Global Healthcare Conference March 11, 2026 12:30 PM EDT Company Participants Yair Malca - Chief Financial Officer Conference Call Participants Matthew Miksic - Barclays Bank PLC, Research Division Presentation Matthew MiksicBarclays Bank PLC, Research Division All right. Thanks, everybody, for joining us this afternoon. Very pleased to have with us Yair Malca, CFO at InMode. Question-and-Answer Session Matthew MiksicBarclays Bank PLC, Research Division So I think the topic for some time has been sort of, as I kind of make this shape with my hand of a down cycle and then the flat part of the cycle and then waiting for this up cycle. That's probably been something we've talked about a bunch over the last 2 years or 3 years. But maybe just to start off, I don't want to make too much of it. I don't want to get too overoptimistic, but it sounded like there were some signs of some improvement. This was, of course, before the events of last week, but it seemed like some hints that things might be starting to recover a touch in some of your end markets. So I hope I'm adding enough caveats and calibrating my enthusiasm enough. But tell me your thoughts on how you're looking at the market now and the cycle that you're in. Yair MalcaChief Financial Officer Sure. First of all, thanks for having us. It's always a pleasure to come here to Miami to be with you guys. Great conference. In terms of what we see and our message is that after 2 years of declining business that we've experienced, we expect 2026 to be flat. And hopefully, things will only get better from here. And that's basically what we have guided to, at least flat on the top line. We are expecting some kind of pressures