Recap: Inogen Q1 Earnings

Inogen (NASDAQ:INGN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what investors…

Inogen (NASDAQ:INGN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Inogen beat estimated earnings by 22.22%, reporting an EPS of $-0.63 versus an estimate of $-0.81.

Revenue was down $8.22 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 31.39% drop in the share price the next day.

Here’s a look at Inogen’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.57 -0.42 -0.37 -0.51
EPS Actual -0.57 -0.18 -0.02 -0.39
Revenue Estimate 89.55M 97.72M 100.65M 76.55M
Revenue Actual 88.09M 105.39M 103.38M 80.39M

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.

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