Inogen: Q4 Earnings Snapshot

GOLETA, Calif. (AP) — GOLETA, Calif. (AP) — Inogen Inc. (INGN) on Tuesday reported a loss of $26.6 million in its fourth quarter.

On a per-share basis, the Goleta, California-based company said it had a loss of $1.14.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 65 cents per share.

The produces oxygen concentrators for patients suffering from chronic respiratory conditions posted revenue of $75.9 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $78.1 million.

For the year, the company reported a loss of $102.4 million, or $4.42 per share. Revenue was reported as $315.7 million.

For the current quarter ending in March, Inogen said it expects revenue in the range of $73 million to $74 million.


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