Inogen Announces First Quarter 2020 Financial Results
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Inogen (INGN) Tops Q1 EPS by 3c, Revenues Beat; Withdraws FY20 Guidance
May 5, 2020 5:29 PM EDTInogen (NASDAQ: INGN) reported Q1 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $88.5 million versus the consensus estimate of $82.33 million.
First Quarter 2020 Highlights
Total revenue of $88.5 million, down 1.9% from the same period in 2019Domestic business-to-business sales of $27.6 million, up 5.7% from same period in 2019Net loss of $1.6 million and Adjusted EBITDA of $4.1 million (see accompanying table for reconciliation of GAAP and non-GAAP measures)Withdraws 2020 guidance due to uncertainty around impact... More