Inogen (INGN) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS
Inogen (NASDAQ:INGN) announced its earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04, AmericanBankingNews.com reports. The company had revenue of $30.40 million for the quarter, compared to the consensus estimate of $23.93 million.
Inogen (NASDAQ:INGN) traded down 0.87% during mid-day trading on Tuesday, hitting $18.21. The stock had a trading volume of 41,151 shares. Inogen has a 52 week low of $13.12 and a 52 week high of $24.37. The stock’s 50-day moving average is $19.99 and its 200-day moving average is $17.64. The company has a market cap of $331.3 million and a price-to-earnings ratio of 42.72.
Inogen, Inc (NASDAQ:INGN) is a medical technology company.
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