Inogen Announces Fourth Quarter and Full Year 2015 Financial Results and Updates 2016 Guidance

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Needham & Company Raises Price Target on Inogen (INGN) to $47 Following Strong 4Q Beat and Raise

March 15, 2016 6:47 AM EDT

Needham & Company reiterated a Strong Buy rating on Inogen, Inc (NASDAQ: INGN), and raised the price target to $47.00 (from $45.00), following the company's 4Q earnings report. INGN reported revenue of $40.4M vs. consensus of $34.7M, adjusted EBITDA of $8.1M vs. consensus of $6.3M, and EPS of $0.19 vs.... More

Inogen (INGN) Reports Q4 EPS of $0.19

March 14, 2016 4:03 PM EDT

Inogen (NASDAQ: INGN) reported Q4 EPS of $0.19, versus $0.07 reported last year. Revenue for the quarter came in at $40.4 million, versus $29.1 million reported last year.

Updated Financial Outlook for 2016

The Company is updating its financial guidance for 2016 as provided on November 30, 2015 as follows:

Revenue is expected to range from $187 to $191 million, which... More