Inogen Inc reports results for the quarter ended September 30 - Earnings Summary

Inogen

08/11/2024 21:04

* Inogen Inc  INGN.OQ  reported a quarterly adjusted loss
of 25
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -55 cents.  The mean expectation of four analysts for the
quarter was for a loss of 49 cents per share. Wall Street
expected results to range from -62 cents to -42 cents per share.
    * Revenue rose 5.8% to $88.83 million from a year ago;
analysts
expected $84.14 million. 
    * Inogen Inc's reported EPS for the quarter was a loss of 25
cents​.
    * The company reported a quarterly loss of $5.96 million.
    * Inogen Inc shares had fallen by 2.5% this quarter and
gained 72.3% so far this year.

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

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
10.00 
This summary was machine generated from LSEG data November 8 at
09:03 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
 Sep. 30 2024      -0.49          -0.25          Beat
 Jun. 30 2024      -0.54          -0.24          Beat
 Mar. 31 2024      -0.76          -0.62          Beat
 Dec. 31 2023      -0.62          -1.14          Missed