Inogen (NASDAQ:INGN) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Inogen beat estimated earnings by 26.53%, reporting an EPS of $-0.36 versus an estimate of $-0.49.
Revenue was down $21.42 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.39 which was followed by a 13.6% drop in the share price the next day.
Here’s a look at Inogen’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.64 | -0.81 | -0.57 | -0.42 |
| EPS Actual | -0.25 | -0.63 | -0.57 | -0.18 |
| Revenue Estimate | 93.27M | 74.68M | 89.55M | 97.72M |
| Revenue Actual | 83.64M | 72.16M | 88.09M | 105.39M |
To track all earnings releases for Inogen visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.