Inogen stock drops 20 percent after reporting earnings miss

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Inogen stock drops 20 percent after reporting earnings miss

By Staff Report / Tuesday, May 7th, 2019 / Comments Off on Inogen stock drops 20 percent after reporting earnings miss

The start of 2019 was a “tough quarter” for Inogen, CEO Scott Wilkinson said in its earnings announcement May 7, as it hit revenue estimates but missed analyst expectations for earnings. The Goleta-based portable oxygen concentrator provider reported $90.2 million in revenue, up just 14 percent compared to the first quarter of 2018 and ahead…

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