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Inogen expanding in Ohio; company gets international product approval

By   /  Friday, June 2nd, 2017  /  Health Care & Life Science, Latest news, Technology  /  Comments Off on Inogen expanding in Ohio; company gets international product approval

Inogen, a portable oxygen concentrator company headquartered in Goleta, announced plans June 2 to open a new facility near Cleveland, Ohio to support its direct-to-consumer product line. The company also plans to expand its sales force through recruitment in the northeastern part of the state. It currently has 177 sales employees between its Goleta and Read More →

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Inogen’s profits just keep on growing

By   /  Tuesday, May 9th, 2017  /  Earnings, Health Care & Life Science, Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Inogen’s profits just keep on growing

Goleta-based Inogen, an oxygen concentrator company, reported a $5.9 million profit for the first quarter of 2017, up from $2.5 million in the first quarter of 2016, according to an earnings report May 9. The company reported $52.5 million in revenue, up 22.1 percent from the same period in 2016. Sales revenue was at $46 Read More →

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Inogen reports huge increase in net income

By   /  Tuesday, February 28th, 2017  /  Earnings, Health Care & Life Science, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Inogen reports huge increase in net income

Inogen, a maker of portable oxygen concentrators based in Goleta, announced a 77 percent increase in net income Feb. 28 on fourth quarter revenues of $50.9 million. Sales revenues grew 47.2 percent over the same quarter in 2015, to $42.6 million. Net income for the quarter was $5.3 million, bringing the company up to $20.5 Read More →

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Inogen’s second quarter revenues, profits way up

By   /  Thursday, August 4th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on 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 →