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Inogen

Inogen leans on rental revenues

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08/07/2020

GOLETA, Calif. – Inogen’s rental revenues saved the day in a second quarter where its direct-to-consumer and business-to-business sales struggled due to the COVID-19 pandemic.

Inogen sees lower demand for POCs

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08/05/2020

GOLETA, Calif. – Inogen reported $71.7 million in total revenue for the second quarter, a 29.1% decrease compared to the same period in 2019.

Inogen’s Wilkinson announces retirement

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06/11/2020

GOLETA, Calif. – Inogen CEO and President Scott Wilkinson has announced he will retire before the end of 2021.

Inogen reports bumpy first quarter

DTC sales were down, B2B sales were up
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05/08/2020

GOLETA, Cailf. – Inogen saw an 8.9% drop in its direct-to-consumer sales in the first quarter of 2020 vs. 2019, with consumers not traveling and, therefore, not needing portable oxygen concentrators.

Inogen sees decrease in DTC sales, as coronavirus pandemic hits consumer confidence, mobility

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05/06/2020

GOLETA, Calif. – Inogen reported total revenue of $88.5 million for the first quarter of 2020, a 1.9% decrease from the same period last year.

Inogen expects better second half of 2020

Officials say Q1 will still be impacted by manufacturing challenges
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02/28/2020

GOLETA, Calif. – Following Inogen’s multiple years of high revenue growth, the fourth quarter of 2019 represented a “slowdown,” acknowledges CEO Scott Wilkinson.

Inogen acknowledges ‘challenging year’

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02/26/2020

GOLETA, Calif. – Inogen reported revenue of $78.9 million for the fourth quarter of 2019 compared to $86.5 million for the same period in 2018, an 8.8% decrease.

It reported a net loss of $1.4 million vs. a net income of $10 million.

In brief: AAH says to keep using WOPDs; CareCentrix provides additional details on change

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01/17/2020

WASHINGTON – AAHomecare recommends that providers continue to obtain written orders prior to delivery for HME until CMS publishes a “required list.”

Inogen cites soft demand, manufacturing challenges in preliminary financial results

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01/14/2020

GOLETA, Calif. – Inogen expects full-year revenue of $361.4 million to $362.4 million, up 0.9% to 1.2% compared to 2018, based on preliminary, unaudited financial data.

Inogen: Sales issues are largely behind us

Company also moves past tough comps
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11/08/2019

GOLETA, Calif. – Inogen officials say they stabilized the business in the third quarter of 2019, after spending the past few quarters right-sizing the company’s direct-to-consumer sales force.

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