Inogen: Q4 Earnings Snapshot

GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Inogen Inc. (INGN) on Thursday reported a loss of $56.6 million in its fourth quarter.

On a per-share basis, the Goleta, California-based company said it had a loss of $2.47. Losses, adjusted for non-recurring costs and amortization costs, were 57 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 60 cents per share.

The produces oxygen concentrators for patients suffering from chronic respiratory conditions posted revenue of $88.1 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $88.6 million.

For the year, the company reported that its loss widened to $83.8 million, or $3.67 per share. Revenue was reported as $377.2 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on INGN at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up