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InMode Reports First Quarter 2021 Financial Results : Quarterly Revenues of $ 65.5 Million Represent 62 % Year over Year Growth . GAAP Earnings per Share of $ 0.63 , 320 % Year over Year Growth USA - English prnewswire.com/news-releases/inmode-reports-first-quarter-2021-financial-results-quarterly-revenues-of-65-5 million - represent - 62 - year - over - year - growth - gaap - earnings - per - share - of - 0-63--320 - year - over - year - growth 301283937.html YOKNEAM , Israel , May 5 , 2021 / PRNewswire / -- InMode Ltd. ( Nasdaq : INMD ) ( " InMode " ) , a leading global provider of innovative medical technologies , today announced consolidated financial results for its first quarter ended March 31 , 2021 . First Quarter 2021 Highlights : Quarterly revenues of $ 65.5 million , an increase of 62 % compared to the first quarter of 2020 : 69 % of quarterly revenues derived from InMode's proprietary surgical technology platforms engaged in minimally invasive and subdermal ablative treatments , 24 % from In Mode's hands - free platforms and 7 % from InMode's traditional laser and non - invasive RF platforms • GAAP net income of $ 26.6 million , compared to $ 6.4 million in the first quarter of 2020 ; * non - GAAP net income of $ 29.3 million , compared to $ 12.6 million in the first quarter of 2020 ● • GAAP diluted earnings per share of $ 0.63 , compared to $ 0.15 in the first quarter of 2020 ; * non - GAAP diluted earnings per share of $ 0.69 , compared to $ 0.30 in the first quarter of 2020 • Total cash position of $ 293.4 million as of March 31 , 2021 , 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 ) Revenues Gross Margins Q1 2021 Q1 2020 $ 65,524 85 % $ 40,441 85 % 1/15