Inogen sales, profits soar in third quarter

Inogen revenues, profits and earnings per share were up for the third quarter, the company announced Nov. 3. Inogen, a Goleta-based manufacturer of direct-to-consumer respiratory products, said revenues increased 33 percent during the quarter from $40.7 million during the same quarter last year to $54.4 million in 2016, which topped analyst revenue estimates of $47.9 Read More →
Inogen’s second quarter revenues, profits way up

Inogen revenues increased 24 percent and profits increased 48 percent, the company said when it released second quarter earnings results Aug. 4 Revenues for the Goleta-based maker of direct-to-consumer respiratory products increased 24 percent from $44 million during the second quarter of 2015 to $54.57 million in 2016, beating analyst revenue estimates of $52.44, million Read More →

SEC warns firms about using non-GAAP numbers

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Goleta-based Inogen beats revenue estimates for first quarter

Goleta-based Inogen beat revenue estimates and the maker of direct-to-consumer respiratory products reported strong first quarter earnings results May 9. Inogen reported revenues of $43 million during the first quarter, up from $33.8 million in 2015 and beating analyst estimates of $41.75 million, according to S&P Capital IQ. The company had net income of $2.4 Read More →
Inogen shares soar after reporting revenues up 40 percent

Inogen shares ended the day up 17 percent March 15 after the Goleta-based maker of direct-to-consumer respiratory products reported strong quarterly and annual earnings March 14. The company’s revenues increased about 40 percent during the fourth quarter and 2015 fiscal year because of strong business-to-business sales. In after-hours trading March 14, the stock shot up Read More →