Inogen: Q1 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Inogen Inc. (INGN) on Thursday reported a loss of $20.3 million in its first quarter.

On a per-share basis, the Goleta, California-based company said it had a loss of 88 cents. Losses, adjusted for non-recurring costs and restructuring costs, came to 63 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 77 cents per share.

The produces oxygen concentrators for patients suffering from chronic respiratory conditions posted revenue of $72.2 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $74.2 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INGN at https://www.zacks.com/ap/INGN

Advertisement

Recommended Stories