GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Inogen Inc. (INGN) on Monday reported a loss of $9.8 million in its second quarter.
On a per-share basis, the Goleta, California-based company said it had a loss of 42 cents.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 64 cents per share.
The produces oxygen concentrators for patients suffering from chronic respiratory conditions posted revenue of $83.6 million in the period.
Inogen expects full-year revenue in the range of $315 million to $320 million.
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