Inogen reports record revenue but stock falls on weaker 2019 forecast

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Inogen reports record revenue but stock falls on weaker 2019 forecast

By Staff Report / Tuesday, February 26th, 2019 / Comments Off on Inogen reports record revenue but stock falls on weaker 2019 forecast

Inogen reported record revenue in 2018 and strong increases in net income, but a conservative forecast for 2019 had the stock falling in after-hours trading Feb. 26. Revenue rose more than 35 percent in the fourth quarter and 43 percent for the full year 2018, the company reported, and earnings of 47 cents per share…

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