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Inogen

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.

Earnings wrap-up: Inogen down; OptionCare, Viemed up

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11/06/2019

GOLETA, Calif. – Inogen reported total revenues of $91.8 million for the third quarter of 2019, a 3.7% decrease compared to the same period last year. Net income was $6.9 million vs. $16.4 million.

Inogen targets non-invasive vents

Company sees market poised for ‘disruption’
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08/09/2019

GOLETA, Calif. – Inogen is set to enter the non-invasive ventilator market with its planned acquisition of New Aera for $70.4 million in cash.

Inogen surpasses $100M in revenue

Company also announces plans to acquire manufacturer of portable non-invasive vents
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08/07/2019

GOLETA, Calif. – Inogen reported total revenue of $101.1 million for the second quarter of 2019, a 3.9% increase over the same period in 2018. It’s the first time the company has surpassed $100 million in revenue in a single quarter.

Inogen hits bumps

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05/10/2019

GOLETA, Calif. – In the face of a self-described tough first quarter, Inogen plans to relax its intake criteria for its rental business and slow down hiring for its direct-to-consumer business.

Earnings: Inogen, Viemed

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05/08/2019

GOLETA, Calif. – Inogen’s revenues were up 14.1% for the first quarter of 2019 compared to the same period last year, totaling $90.2 million. Sales revenues were $84.8 million, up 15.3%; and rental revenues were $5.4 million, down 1.5%.

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