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Inogen shares soar on news of record revenue for second quarter

By   /   Tuesday, August 7th, 2018  /   Comments Off on Inogen shares soar on news of record revenue for second quarter

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Inogen shares popped 5.5 percent in after-hours trading to $225 after it once again reported record revenue in its second quarter ended June 30 and net income of $14.6 million, far exceeding analyst expectations. Revenue rose 51.6 percent compared to the same period last year to $97.2 million, including a 74 percent increase in direct-to-consumer…

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