Inogen (INGN) Reports Q1 EPS of $0.27

Inogen (NASDAQ: INGN) reported Q1 EPS of $0.27, versus $0.12 reported last year. Revenue for the quarter came in at $52.5 million, versus $43 million reported last year.

• Total revenue of $52.5 million, up 22.1% over the same period in 2016
  • Sales revenue of $46.0 million, up 40.1% over the same period in 2016
  • Rental revenue of $6.5 million, down 35.8% from the same period in 2016
• Net income of $5.9 million, reflecting a 135.3% increase over the same period in 2016 and an 11.3% return on revenue
• Adjusted EBITDA of $10.9 million, representing 34.0% growth over the same period in 2016 and a 20.7% return on revenue (see accompanying table for reconciliation of GAAP and non-GAAP measures)
• Total units sold were 25,600, an increase of 8,600 or 50.6%, over the same period in 2016, reflecting the continued strong consumer demand for the Company’s products across all sales channels

For earnings history and earnings-related data on Inogen (INGN) click here.

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