Shares of Inogen (INGN) have been struggling lately and have lost 6.7% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stoc ...

Inogen, Inc. (INGN) incurred an adjusted loss per share of 11 cents for third-quarter 2024, which was narrower than the adjusted loss per share of 36 cents in the year-ago period and the Zacks Consensus Estimate of a loss of 51 cents per share.GAAP loss per share for the quarter was 25 cents, narrower than the year-earlier loss of $1.97 per share.INGN’s Revenues in DetailInogen registered revenues of $88.8 million for the third quarter, up 5.8% year over year. The figure surpassed the Zacks Consensus Estima ...

November 7, 2024 ındgen Q3 2024 Supplemental Financial Information Use of Non-GAAP Financial Measures Inogen has presented certain financial information in accordance with U.S. GAAP and also on a non-GAAP basis for the three and nine months ended September 30, 2024, and September 30, 2023. Management believes that non-GAAP financial measures, taken in conjunction with U.S. GAAP financial measures, provide useful information for both management and investors by excluding certain non-cash and other expenses t ...

Call Start: 17:00 January 1, 0000 5:26 PM ET Inogen, Inc. (NASDAQ:INGN) Q3 2024 Earnings Conference Call November 7, 2024, 5:00 PM ET Company Participants Ryan Peterson - Investor Relations Kevin Smith - President and CEO Mike Bourque - Chief Financial Officer Conference Call Participants Rohin Patel - JPMorgan Mike Matson - Needham Operator Welcome to Inogen’s Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Following management’s prepared remarks, we w ...

For the quarter ended September 2024, Inogen (INGN) reported revenue of $88.83 million, up 5.8% over the same period last year. EPS came in at -$0.25, compared to -$1.97 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $83.68 million, representing a surprise of +6.16%. The company delivered an EPS surprise of +50.98%, with the consensus EPS estimate being -$0.51.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission ...

Inogen (INGN) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.51. This compares to loss of $1.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50.98%. A quarter ago, it was expected that this produces oxygen concentrators for patients suffering from chronic respiratory conditions would post a loss of $0.54 per share when it actually produced a loss of $0.24, delivering a ...

Exhibit 99.1 Inogen Announces Third Quarter 2024 Financial Results GOLETA, Calif., – November 7, 2024 – Inogen, Inc. (Nasdaq: INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, today announced financial results for the quarter ended September 30, 2024. "We continued to make significant progress on our strategic priorities in the third quarter. Our results demonstrate our team's strong commercial and operational execution," said Kevin Smith, Presiden ...

Inogen, Inc. (INGN) is well-poised for growth in the coming quarters, courtesy of high prospects in the portable oxygen concentrator (POC) space. The optimism, led by solid first-quarter 2024 performance and a strong product portfolio, seems justified. However, issues like stiff competition and forex volatility are major downsides. The Zacks Rank #3 (Hold) company's shares have risen 68.3% year to date compared with 6.2% growth of the industry. The S&P 500 has increased 22.5% during the same time frame. The ...

Inogen, Inc. (INGN) has witnessed strong momentum in the past six months period. Shares of the company have surged 46.8% compared with 1.8% growth of the industry. The S&P 500 composite has risen 10% during the same time frame. With healthy fundamentals and strong growth opportunities, this Zacks Rank #2 (Buy) company appears to be a solid wealth creator for its investors at the moment. Headquartered in Goleta, CA, Inogen develops, manufactures, and markets portable oxygen concentrators (POCs) used by patie ...