Inogen (NASDAQ: INGN) reported Q3 EPS of $0.13, versus $0.11 reported last year. Revenue for the quarter came in at $40.8 million, versus $29.4 thousand reported last year.

Financial Outlook for 2015 and 2016

Inogen is increasing its 2015 revenue guidance to a range of $150 to $153 million, which represents year-over-year growth of 33.3% to 36.0%. This compares to the previous revenue expectation of $145 to $149 million.

Inogen confirmed its 2015 Adjusted EBITDA estimate to range from $29 to $32 million, representing an approximate increase of 21.1% to 33.6% over 2014 and its 2015 net income to be in the range of $8.5 to $10 million, representing an approximate increase of 24.5% to 46.5% over 2014.

The Company expects an effective tax rate in 2015 of approximately 34%.

The Company confirmed its expectation of net positive cash flow for 2015 with no additional equity capital required to meet its current plan.

Inogen is also providing a guidance range for the full year 2016 total revenue of $177 to $183 million, representing 16.8% to 20.8% growth over the 2015 guidance mid-point of $151.5 million.

For earnings history and earnings-related data on Inogen (INGN) click here.