INGN reported a narrower loss per share in Q4 2024, with improved revenues and margins.

From Zacks Investment Research: 2025-02-26 12:24:12

Inogen, Inc. (INGN) reported an adjusted loss per share of 24 cents for the fourth quarter of 2024, narrower than the year-ago period and beating the Zacks Consensus Estimate. Revenues for the quarter were $80.1 million, up 5.5% year over year. For the full year 2024, total revenues were $335.7 million, up 6.4% from 2023. Inogen expects revenues in the range of $79 million-$81 million for the first quarter of 2025 and $352 million-$355 million for the full year. The company exited the fourth quarter with no debt on its balance sheet and saw a 777 basis point expansion in adjusted gross margin.



Read more at Zacks Investment Research: INGN Stock Gains Following Q4 Earnings Beat, Adjusted Gross Margin Up – February 26, 2025