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Stock impact report

Inogen Announces Third Quarter 2024 Financial Results

Inogen, Inc (INGN) 
Last inogen, inc earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.inogen.com
Company Research Source: Business Wire
GOLETA, Calif.--(BUSINESS WIRE)--Inogen, Inc. (Nasdaq: INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, today announced financial results for the quarter ended September 30, 2024.“We continued to make significant progress on our strategic priorities in the third quarter. Our results demonstrate our team’s strong commercial and operational execution,” said Kevin Smith, President and Chief Executive Officer. “As we move into the fourth quarter, we remain focused on driving growth, continuing innovation, and advancing towards sustainable profitability.”Third Quarter 2024 Financial ResultsTotal revenue in the third quarter of 2024 increased 5.8% to $88.8 million from $84.0 million in the third quarter of 2023, primarily driven by higher demand and new customer gains across the domestic and international business-to-business channels, which were partially offset by lower direct-to-consumer sales and rental revenue.Total gross Show less Read more
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