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INGN Inogen

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  • 7.280
  • +0.010+0.14%
Close Apr 29 16:00 ET
195.74MMarket Cap-4.79P/E (TTM)
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    $Inogen (INGN.US)$
    Inogen Expands Product Portfolio, Global Reach and Innovation Pipeline Through Strategic Collaboration With Yuwell
    Sunday, 26th January at 12:00 pm
    Inogen, Inc. (Nasdaq: INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, today announced it has entered into a strategic collaboration with Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (002223.SZ, "Yuwell"), a global home healthcare medical device manufacturer...
    $Inogen (INGN.US)$
    Inogen Receives FDA 510(k) Clearance for SIMEOX 200 Airway Clearance Device
    Monday, 30th December at 8:30 am
    Inogen, Inc. (Nasdaq: INGN), a medical technology company offering innovative respiratory products for use in the homecare setting, today announced that it has received U.S. Food and Drug Administration (FDA) 510(k) clearance for the SIMEOX 200 Airway Clearance Device, expanding the company's ability to market and meet the various needs of patients with chronic...
    $Inogen (INGN.US)$
    Second Quarter 2024 Financial Results
    Second quarter total revenue increased 6.1% to $88.8 million from $83.6 million in the second quarter of 2023, primarily driven by higher demand and new customers in international and domestic business-to business sales, partially offset by lower direct-to-consumer sales and rental revenue.
    Total gross margin was 48.1% in the second quarter of 2024 versus 40.7% in the comparative period in 2023. The increase was driven primarily by low...
    Investors' belief that strong revenue growth is not on the horizon for Inogen contributes to its low P/S ratio. The company's underwhelming revenue outlook is a major factor. A change of fortune is needed to justify a higher P/S in the future.
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