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

Inogen

08/05/2024 24:15

* Inogen Inc  INGN.OQ  reported a quarterly adjusted loss
of 62
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of -88
cents.  The mean expectation of four analysts for the quarter
was for a loss of 76 cents per share. Wall Street expected
results to range from -85 cents to -65 cents per share.
    * Revenue rose 8.1% to $78.03 million from a year ago;
analysts
expected $73.66 million. 
    * Inogen Inc's reported EPS for the quarter was a loss of 62
cents​.
    * The company reported a quarterly loss of $14.58 million.
    * Inogen Inc shares had fallen by 10.9% this quarter and
gained 31.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.6%
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 May 7 at 11:14
p.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
 Mar. 31 2024      -0.76          -0.62          Beat
 Dec. 31 2023      -0.62          -1.14          Missed
 Sep. 30 2023      -0.49          -0.55          Missed
 Jun. 30 2023      -0.59          -0.42          Beat