Brief: Inogen Reports Third Quarter 2021 Financial Results

Inogen

04/11/2021 21:46

Nov 4 (Reuters) - Inogen Inc  INGN.O :
    * INOGEN ANNOUNCES THIRD QUARTER 2021 FINANCIAL RESULTS
    * Q3 REVENUE ROSE 25.3 PERCENT TO $93.1 MILLION
    * Q3 GAAP EARNINGS PER SHARE $0.53
    * DUE TO EXPECTED SUPPLY CHAIN CONSTRAINTS IMPACTING
SEMICONDUCTOR
CHIP SUPPLY, EXPECTS Q4 2021 TOTAL REVENUE TO BE SIMILAR TO
REVENUE IN Q4 2020
    * NOT PROVIDING DETAILED GUIDANCE FOR FULL-YEAR 2021
    * CHIP SHORTAGE EXPERIENCED ACROSS MANY INDUSTRIES HAS, WILL
LIKELY CONTINUE TO HAVE NEGATIVE IMPACT ON ITS ABILITY TO
MANUFACTURE PRODUCTS
    * IF CO IS UNABLE TO OBTAIN SUFFICIENT SUPPLY OF
SEMICONDUCTOR
CHIPS, COULD BE FORCED TO FURTHER SLOWDOWN OR TEMPORARILY HALT
PRODUCTION
    * Q3 EARNINGS PER SHARE VIEW $-0.26, REVENUE VIEW $86.7
MILLION --
REFINITIV IBES DATA
    * Q4 REVENUE VIEW $83.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw9SL8tXa 
Further company coverage:  INGN.O 

 ((Reuters.Briefs@thomsonreuters.com;))