February 23, 2024
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Inogen’s first quarter losses worse than analysts estimated

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Inogen revenue fell 1.9 percent for the first quarter and the company pulled its full-year fiscal guidance, sending the stock tumbling more than 10 percent in after-hours trading May 5. Net loss stayed steady compared to the previous quarter at $1.4 million, the Goleta manufacturer of portable oxygen concentrator devices reported. That’s down from $5.3…

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