Inogen Announces Second Quarter 2015 Financial Results
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August 12, 2015 8:08 AM EDT
Leerink Partners analyst Danielle Antalffy reiterated an Outperform rating and boosted the price target on Inogen, Inc (NASDAQ: INGN) to $55.00 (from $45.00) as the 2015 outlook moves higher on accelerating POC.
Antalffy commented, "INGN delivered another outstanding quarter of growth, outperforming expectations yet... More
August 11, 2015 4:15 PM EDT
Inogen (NASDAQ: INGN) reported Q2 EPS of $0.17, versus $0.11 reported last year. Revenue for the quarter came in at $44 million, versus $30.4 thousand reported last year.
Inogen raised FY2015 revenue guidance to $145-149 million, versus prior guidance of $133-137 million.
"Our record revenues in the second quarter reflect exceptionally strong performance across all of our sales channels, as well as the benefit of seasonality. Net income and Adjusted EBITDA also reached record levels, demonstrating our substantial... More
