Inogen Inc reports results for the quarter ended in December - Earnings Summary

Inogen

28/02/2024 24:07

* Inogen Inc  INGN.OQ  reported a quarterly adjusted loss of
$1.14​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -20
cents.  The mean expectation of four analysts for the quarter
was for a loss of 62 cents per share. Wall Street expected
results to range from -71 cents to -57 cents per share.
    * Revenue fell 13.8% to $75.90 million from a year ago;
analysts
expected $76.99 million. 
    * Inogen Inc's reported EPS for the quarter was a loss of
$1.14​.
    * The company reported a quarterly loss of $26.56 million.
    * Inogen Inc shares had risen by 69.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Inogen Inc is
$6.50 
This summary was machine generated from LSEG data February 28 at
12:07 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.62          -1.14          Missed
 Sep. 30 2023      -0.49          -0.55          Missed
 Jun. 30 2023      -0.59          -0.42          Beat
 Mar. 31 2023      -0.78          -0.88          Missed