In This Article:
Inogen (NASDAQ:INGN) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$88.8m (up 5.8% from 3Q 2023).
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Net loss: US$5.96m (loss narrowed by 87% from 3Q 2023).
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US$0.25 loss per share (improved from US$1.97 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Inogen Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 49%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 28% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Inogen you should be aware of.
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